Trade

USDA Secretary Brooke Rollins was questioned by several House Ag Committee members about USDA’s cuts, including the impact of the 6,000 DOGE firings at the agency, that were later reinstated by the court.

Sen. Chuck Grassley (R-IA) says one of the challenges the U.S. is dealing with is trying to negotiate agreements with 18 of its biggest trading partners simultaneously. Grassley would like to see a dialed-back strategy used instead.

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.

This is biggest investment ADM regional manager Travis Sayers has seen ADM make in St. Louis.

According to the latest USDA data released from the U.S. Meat Export Federation, beef exports to China dropped 70% in April and pork exports fell 35%. With trade talks ongoing, there is optimism for the remainder of the year.

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.

A federal court ruled Wednesday that an emergency law does not provide President Trump with unilateral authority to impose tariffs on nearly every country. The interruption was short-lived after a federal appeals court granted the Trump administration’s request to temporarily pause a lower-court ruling.

President Donald Trump announced plans to impose a sweeping 50% tariff on all imports from the European Union starting June 1.

A chief concern is whether glyphosate will be targeted by the report, which is expected to be unveiled on Thursday. A number of farmers have voiced concerns collectively and individually this week.