There has been a big development in President Trump’s deportation plan, and it could sent ripples through the corn markets today.
Over the weekend, Colombia’s president released several flights with illegal migrants on board out of the United States. They argued migrants were not criminals, and the U.S. violated their rights.
President Trump responded with plans for 25 percent tariffs on the country, a major receiver of U.S. ag supplies, and those tariffs would increase to 50 percent after a week. However, Colombia’s president said he would accept the flights, so the tariffs have been called off.
Colombia is a major trade partner with the U.S. as they import more than a billion dollars of U.S. corn each year, making them the fourth largest export market. They are also a big provider of coffee and fresh cut flowers to the U.S.
A free trade agreement has been in place between the U.S. and Colombia since 2012, but the U.S. has the right to take action if there is a national security threat.
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Corn and soybean exports continue to anchor weekly inspection totals, with China maintaining a visible role, while wheat and sorghum remain more dependent on regional and seasonal demand shifts.
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Rail continues to carry a larger share of the grain load, increasing sensitivity to rail capacity, labor, and pricing conditions.
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Rising import pressure and tougher export competition are likely to persist into 2026, supporting domestic supplies while capping export growth.
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From tariff talks in Europe to SCOTUS uncertainty and rising farm losses, analysts say policy and global supply will shape grain markets in the year ahead.
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Analysts say a Supreme Court decision on tariffs could reshape protein markets, strain U.S.-China trade, and force farmers to rethink global demand strategies.
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