President Trump is approaching 100 days in Office, and there have been a lot of changes to the government workforce, with more potentially on the way.
Citing a report from Government Executive, House Ag Committee Ranking Member Angie Craig says any more potential cuts to agriculture would be devastating.
“In Minnesota, and I know across this country, haphazard layoffs at USDA are jeopardizing our ability to serve farmers and keep our Ag system the safest and most productive in the world.”
USDA has said any cuts to the Department would target duplicate roles. Iowa Senator Chuck Grassley has been watching the situation unfold and says whatever happens, he hopes it lifts up rural America.
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Corn and wheat exports remain supportive, but weaker soybean demand — especially from China — continues to pressure oilseed markets.
China’s pullback is hitting core U.S. commodities hard, reshaping export expectations for soybeans, cotton, grains, and livestock.
Slower grain movement may pressure basis, but falling diesel prices could help offset transportation costs.
The U.S. has a bountiful corn supply, but markets are waiting for the January WASDE Report, which will include updated yield estimates.
Rising federal debt is increasing pressure on Washington to limit spending, which could tighten future funding and delivery for agricultural programs.
“I’m not sure where this bridge goes,” trader Brady Huck with Advanced Trading told RFD-TV News earlier this week.
