Recent tariff developments have all of agriculture keeping a close eye on trade policy. As uncertainty looms, many might be wondering just how important exports are for the farm economy.
American Farm Bureau Economist, Betty Resnick spoke with RFD-TV’s own Suzanne Alexander on the importance of exports to agriculture, top trading partners, and top export products.
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Traders say that shift could eventually prompt the USDA to scale back soybean export projections, noting the outlook differs greatly for other grain commodities.
The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.
The changing political climate in America is leading to a drop in migrant crossings near the U.S.-Mexico border, where ranchers like Dr. Mike Vickers say they witnessed horrors from death to child trafficking.
Record milk output looks strong today, but shrinking replacement numbers mean future supply adjustments could be faster and more volatile.
AFBF Economist Danny Munch shares a closer look at the dairy market and the forces impacting producers today.
