Pro Farmer Analysis
The U.S. Department of Justice has asked the U.S. Court of Appeals for the Federal Circuit to extend its stay on a lower court’s decision that found most of President Donald Trump’s global tariffs illegal.
Republicans on the Senate Ag Committee are seeking to scale back the Supplemental Nutrition Assistance Program (SNAP) cuts proposed in the House’s sweeping budget reconciliation bill.
The BRICS countries — led by Brazil, Russia, India, China and South Africa — are actively working to reduce their reliance on the U.S. dollar in international trade, a process known as de-dollarization.
USDA projects a $49.5 billion agricultural trade deficit for fiscal year 2025, nearly double the gap from two years ago.
The report also highlighted severe infrastructure and agricultural stress.
Market outlook broken down into the next 5, 30 and 90 day segments.
Farmers and industry groups fear the duties will exacerbate already high input costs and could lead to shortages.
President Donald Trump announced plans to impose a sweeping 50% tariff on all imports from the European Union starting June 1.
Former Montana Democrat senator and longtime farmer Jon Tester sharply criticized the GOP-led House reconciliation bill and its proposed agriculture provisions.