The Senate Ag Committee held a hearing earlier today to examine the agricultural economy, getting perspective from farmers, ranchers, and industry leaders.
Senator Roger Marshall of Kansas spoke with RFD-TV’s own Suzanne Alexander on the Farm Bill, big takeaways from the hearing, and a possible trade war.
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Corn and sorghum exports remain strong; soybean demand lags.
Lower shipping costs alone will not restore export competitiveness.
Rising fuel costs will soon increase grain transportation expenses.
The USDA’s upcoming reports will drop on Tuesday afternoon, giving the trade real results on acreage shifts, drought concerns, and ongoing trade tensions, adding uncertainty for U.S. farmers.
Expanded access could boost demand for U.S. exports.
Exports depend more on demand than currency shifts.