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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Expanded export financing could provide greater support for ag sales abroad if buyers and lenders use the additional tools.
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Higher input costs are making flexible marketing plans and updated break-even targets more important.
Rail rulings, export terminal access, and equipment rules are becoming bigger factors in grain shipping costs and reliability.
