Federal officials are out this morning with a new safety plan for U.S. agriculture.
Ag Secretary Brooke Rollins unveiled the agenda earlier today as part of her Make Agriculture Great Again Initiative.
Part of USDA’s new safety plan includes blocking purchases of U.S. farmland by foreign adversaries.
Secretary Rollins says that they are preparing to crack down, starting with foreign operations already in the U.S., like Syngenta and Smithfield Foods.
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USDA’s report shows wheat strength overall, with winter wheat yields setting records, while spring wheat and rye saw declines. Oats and barley remain constrained by record-low acreage despite stable or rising yields.
Bigger-than-expected corn and wheat stocks are bearish for prices, while soybean figures were neutral. Farmers may face additional price pressure as harvest accelerates.
Taiwan’s pledge to expand imports strengthens export prospects for U.S. row crops, livestock products, and specialty commodities, while the USDA’s broader trade push seeks to diversify farm markets globally.
The shutdown is yet another hurdle for producers navigating a challenging year marked by high input costs, volatile markets, and uncertain trade conditions.
Under this agreement, SCDA will administer a program covering infrastructure and timber losses, as well as future economic and market losses.
