Low commodity prices are dealing another blow to the ag trade deficit. USDA is now preparing for the third straight year of losses.
The Department expects the ag trade deficit to hit $42.5 billion when the fiscal year starts October 1st, which is a drop of $4 billion from this year, and marks the third straight year of declines since hitting a record low in 2022. Ag imports are expected to increase by around $8 billion.
The economy is tightening its grip on the ag industry. The Chicago Fed says farmland values are slowing in their district, and credit challenges are starting to appear. Fed policy advisers say repayment rates are also starting to slow.
Despite the challenges, they say farm balance sheets have been strong overall, even with less working capital.
Fred Nichols with Huma discusses corn nutrition timing, side-dress nitrogen strategies, and key management tips as the 2026 crop continues to develop across the Midwest.
Matthew Poling with CLAAS joins us to discuss harvest strategies for a below-average wheat crop and combine adjustments growers should consider.
National Cotton Council’s Gary Adams joins us to discuss the USDA’s Great American Cotton Plan, crop conditions, prices, and efforts to boost domestic demand.
Dry weather and limited freeze damage are helping produce some of the best blueberry quality growers have seen in years.
The agreement establishes a new system to monitor water deliveries to Texas and sets limits on how far Mexico can fall behind on its treaty obligations.
China’s expanding farm assistance in Cuba bears watching as food trade becomes part of regional influence.
