After a series of 11th-hour conversations, tariffs are on hold with our two largest trading partners.
Late yesterday, Canada agreed to several measures similar to Mexico, to avoid President Trump’s threat of 25 percent tariffs. Those tariffs against both countries are on hold for 30 days. Both countries have agreed to stronger border security, with Canada even agreeing to create a fentanyl czar to stop the drug from crossing the border.
Speaking from the Oval Office, President Trump says it is time for America to stand our ground.
“You’re gonna say every single one of those countries is dying to make a deal. You know why? They’re ripping us off, really badly, and the United States is tired of being ripped off. That’s why we have $36 trillion in debt. We have it for a reason: because we make bad deals with everybody, and we don’t allow that anymore.”
Both countries will send 10,000 troops to their border. Canada said it will direct $900 million in border security. President Trump says he will continue to negotiate terms over the next month.
The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
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The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
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“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
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Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
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North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
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Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
September 29, 2025 12:17 PM
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