Trade
CoBank Lead Grains Economist Tanner Ehmke joins us to share insight and concerns over current grain storage capacity as export demand lags.
“Applying significant broad-based tariffs on Mexico and Canada would be really a downside to the U.S. economy.”
The impact of tariffs on the potato trade has not been fully realized
Imports
China’s buying decisions continue to be a critical factor in shaping cotton prices and export opportunities worldwide.
Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
Lamb prices have seen a surprising surge driven by a tight supply and increasing demand in non-traditional markets.
Exports
USMEF’s Jay Theiler discusses his leadership role in representing U.S. beef and pork and provides an update on this week’s conference in Indianapolis.
U.S. Trade officials announced new deals with El Salvador, Guatemala, Ecuador, and Argentina, as well as a steep reduction in tariffs on Swiss imports.
China’s cost advantage with Brazilian soybeans and vague public messaging leave U.S. export prospects uncertain heading into winter.