Trade Matters Ag markets are on pins and needles as they wait to see if a trade deal can be salvaged from the U.S.-China negotiations now taking place in Washington, DC. In the livestock and poultry sector, that anxiety extends to the fate of the USMCA in Congress and the negotiations with Japan over a new free trade deal (or at least the ag components). Four of the top five markets for U.S. red meat and poultry are represented in those uncertain processes cited above.
The fifth market is Korea, the hero of the beef (and thus cattle, corn and DDGS) market over the past year. It accounted for half of the $1 billion increase in global beef exports in 2018. The U.S.-Korea Free Trade Agreement (KORUS) was implemented in 2012, a time when th...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
