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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The USDA NASS report also confirms lower August placements.
Lawmakers and ag industry groups welcomed the confirmations, citing the direct impact of these leaders on western ranchers, water and land management, conservation programs, and regulatory reform.
All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.