An agreement has been made to avoid a shipping port strike on the East and Gulf Coasts.
While it is welcome news for agriculture, we will not know the full details until the two parties have fully ratified the new six-year contract.
Mike Steenhoek with the Soy Transportation Coalition joined RFD-TV’s own Suzanne Alexander to discuss why it is good for ag, ports’ importance to agriculture, and what his biggest takeaway is from the situation.
Related Stories
Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
Lawmakers have until September 30 to shore up federal spending for next year, or risk a government shutdown. The Farm Bill is also set to expire the same day.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
