President Trump’s decision to impose high tariffs on imported steel and aluminum, beginning as soon as March 23, may trigger retaliation against U.S. farm exports, said farm groups.
The administration gave no guarantees at the meeting that it would not intervene on its own to modify the RFS, said the senators.
Due to a rapid improvement in yields, Russia is cementing its position as the world’s top wheat exporter and has become the fifth-largest exporter of feed grains.
At the USDA Ag Outlook Forum, a Brazilian analyst stated that Brazilian corn is becoming more cost-competitive with U.S. corn.
U.S. farmers are headed for massive corn and soybean harvests this year that will mean another year of large stockpiles and will throttle farm-gate prices into the summer of 2019.