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.
Michael Cliver discusses his recent visit to the White House with the National Cattlemen’s Beef Association, and the Trump Administration’s “Working Families Tax Cuts” impact on ranching families.
April 01, 2026 11:30 AM
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Consistent sorghum quality supports strong export demand potential.
April 01, 2026 10:45 AM
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Corn and sorghum exports remain strong; soybean demand lags.
April 01, 2026 10:23 AM
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Secretary Rollins is signaling a possible reopening of the southern border to Mexican feeder cattle as officials work to manage the threat of the New World Screwworm.
March 31, 2026 03:27 PM
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Higher energy activity likely keeps fuel and fertilizer costs elevated.
March 31, 2026 01:40 PM
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Acre shifts reflect margins, costs, and market opportunities.
March 31, 2026 12:15 PM
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