MITCHELL, S.D. (RFD-TV) — The ag sector is remaining cautiously optimistic following this week’s trade talks between the U.S. and China. While the one-year deal raises hopes for stronger exports and eased trade barriers, full details have yet to be released.
U.S. Representative Dusty Johnson (R-SD) joined us on Friday’s Market Day Report to share his outlook on the developing agreement.
In his interview with RFD-TV News, Rep. Johnson discussed what the deal could mean for U.S. farmers, including China’s pledge to buy 12 million metric tons of soybeans this season, and weighed in on whether the progress marks a lasting breakthrough or a short-term truce in trade relations.
The conversation turned to other ag topics, including concerns over potential U.S. beef imports from Argentina, the USDA’s new plan to strengthen the beef industry, and the ongoing impact of the federal government shutdown—now stretching past four weeks—on rural communities and producers.
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The Senate failed to pass a continuing resolution that had been approved by the House the previous week. They could take it up again today, but it would take seven democrats to end the stalemate.
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The total value of the U.S. potato crop was $4.60 billion in 2024, representing an 8% decrease from the previous year.
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“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
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We caught up with Karen Braun, Chief Market Analyst at Zaner Ag Hedge, at the Women in Agribusiness to discuss the data behind commodity trading.
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Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
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RFD-TV Farm Legal and Taxation expert, Roger McEowen, with the Washburn School of Law, joined us Monday to break down the changes and explain what producers should know.
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