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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President Donald Trump says a deal is nearly done on lowering beef prices, but he has not released details.
Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
The impacts of the government shutdown have reached commodity growers with crops to move, ag economists monitoring the harvest without key data reporting, and meat producers in need of new export markets.
In a statement provided to RFD-TV News, a USDA spokesperson reiterated President Trump and the USDA’s commitment to farmers in difficult economic times.
China is not one of our top suppliers of cooking oil, according to USDA ERS data, but does export a lot of used cooking oil to the U.S. for biofuel production.