There is more trouble in the Red Sea as ongoing fighting continues to prove troublesome for ag shipping.
Houthi rebels continued their attacks over the weekend, even striking a U.S. navy vessel. Last week, the group began targeting Israeli-linked ships in the Red Sea due to the current conflict in Gaza. They have controlled much of the Arabian peninsula since the conflict began, forcing ships to bypass the Suez Canal and take a longer route.
President Donald Trump ordered the U.S. military to strike at the Houthi’s.
Related Stories
Industry leaders gather in Mexico City to strengthen trade and showcase product quality.
Purdue University’s Dr. Michael Langemeier joins us to break down the latest read on farmer sentiment in the April Ag Economy Barometer, and growing concerns about the impact of global conflict on farm inputs and income.
Growth Energy CEO Emily Skor joins us to discuss the uncertain path for year-round E15 sales and the next steps as the issue heads toward a standalone House vote after it was stripped from the Farm Bill.
Corn and cotton gave the strongest signals this week, while soybean demand remained softer than in the previous report.
StoneX’s Josh Linville discusses USDA’s efforts to boost domestic fertilizer production and his outlook on supply and prices.
The Texas Department of Agriculture confirmed a New World Screwworm case about 119 miles from the Texas border, near Zapata, Texas, and north and west of the Rio Grande Valley.
