Tomorrow is the tentative start date for 25% tariffs on both Canada and Mexico, both major U.S. ag trade partners.
The move has been met with mixed reviews, as all of agriculture speculates over the potential impact for farmers on both sides of the border.
StoneX Chief Commodities Economist, Arlan Suderman spoke with RFD-TV’s own Suzanne Alexander on what he is hearing from clients, the impact on the ag industry, and what producers need to keep in mind.
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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.
Crop-specific shifts and strong prices highlight the variability of this year’s fruit and tree nut harvest, according to USDA data.
The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
“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.”
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.