From eventful weather trends to looming tariff developments, there are a number of factors weighing on farmers as they hit the fields for Spring Planting.
Lewis Williamson with HTS Commodities spoke with RFD-TV’s Tammi Arender on progress so far, the impact of tariffs, and big takeaways from the Quarterly Grain Stocks Report.
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The Texas Department of Agriculture confirmed a New World Screwworm case about 119 miles from the Texas border, near Zapata, Texas, and north and west of the Rio Grande Valley.
Beef is leading the decline as slaughter drops and supplies tighten.
Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
Farm Bureau Economist Dr. Faith Parum discusses USDA’s efforts to expand fertilizer capacity, signals for farm profitability, and AFBF’s Farm Bill expectations.
Expanded export financing could provide greater support for ag sales abroad if buyers and lenders use the additional tools.