It has been an eventful few days for the farm sector with the latest tariff movements keeping the ag supply chain on full alert.
Lewis Williamson with HTS Commodities spoke with RFD-TV’s own Suzanne Alexander on what he is hearing from the ag industry, the possible ripple effects, and the potential of a trade war.
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According to Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh agreed to buy $1 billion worth of U.S. soybeans over the next year.
A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
According to the new report, seven out of ten rural bankers support President Trump’s recent trade steps with China, expressing cautious optimism about future export potential.