For the first time, the United States will have full access to Indonesian markets, tariff-free. It comes after a trade agreement between officials there and President Donald Trump.
Pres. Trump says the landmark deal includes a promise from Indonesia to buy $15 billion in energy, $4.5 billion in U.S. ag exports, and 50 Boeing airliners.
In return, the United States will have full market access, but Indonesia will still be required to pay a 19% tariff on exports to the U.S.
Related Stories
Higher biofuel mandates boost long-term crop demand, but a tighter D4 market may pressure biofuel feedstocks and pose new soybean oil demand risks.
According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.
The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
Data center growth can bring opportunities, but competition for land, water, and power will matter more in rural areas.
Rail rulings, export terminal access, and equipment rules are becoming bigger factors in grain shipping costs and reliability.
Higher ocean freight rates can add export cost pressure even when grain demand remains active.
