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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The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
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.
Higher ocean freight rates can add export cost pressure even when grain demand remains active.
Weekly export movement stayed solid, with corn and sorghum continuing to show the strongest overall pace.
California almond acreage tightens while pistachios shift into an off-year, shaping a mixed outlook for prices and supply in the tree nut market.
