It has been a wild week for the markets trying to digest all the changes with trade.
President Trump is asking for patience through all of this, but lawmakers are already taking action. This week, Senators Ron Wyden and Rand Paul issued a resolution to stop the tariff plan, saying only Congress has tariff authority.
Also up for debate is legislation to stop emergency tariffs after 60 days unless Congress decides otherwise. Both measures have bipartisan support.
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USDA says corn shipments slowed from the previous week, while wheat and soybean inspections topped year-ago levels.
Higher transportation costs through the Gulf are adding another cost consideration for grain exporters and producers.
Higher milk supplies are being met with strong export demand, though rising costs continue to pressure producers.
RealAg Radio host Shaun Haney joins us to discuss the debate over a potential Canada-Mercosur trade agreement.
Farm leaders say renewing the trade agreement is critical to protecting agricultural exports to Canada and Mexico.
Secretary Brooke Rollins says expanding export markets remains a key priority for strengthening the U.S. farm economy.
