U.S. cotton producers are applauding an executive order ending duty-free treatment for low-value imported goods, which had allowed shipments under $800 to enter the U.S. tariff-free with minimal inspection.
Jeff Kuckuck with the National Cotton Council spoke with RFD-TV’s Suzanne Alexander about the decision’s background, the impact on the cotton and textile sectors, and farm income moving forward.
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Low farmer shares reflect deep consolidation across the food chain, keeping producer returns thin even as retail food prices remain high.
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Corn exports remain strong, while soybeans and wheat shift week to week on river conditions and global demand.
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