With the new administration now in office, all of agriculture is keeping a close eye on the potential for new tariffs and the ripple effects that could result for farmers and the supply chain as a whole.
Virginia Houston with the American Soybean Association spoke with RFD-TV’s own Suzanne Alexander on what we have learned from President Trump’s previous tariffs, the impact of tariffs on Mexico and Canada, and what consumers and producers should keep an eye on.
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Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
Strong corn exports are anchoring U.S. trade, while soybean sales remain steady, but shipments lag.
China’s buying decisions continue to be a critical factor in shaping cotton prices and export opportunities worldwide.
Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.