President Trump’s announcement that he will impose 25 percent tariffs on Canada and Mexico starting tomorrow eclipsed concerns about South American weather and sent much of the agricultural futures complex into the red on Friday. Both countries will retaliate with Canada saying it will be on a dollar-for-dollar basis. One calculation suggests that retaliation by Canada and Mexico could reduce U.S. agricultural exports by up to $30 billion per year. Industry reactions were more muted than would ordinarily be expected for several reasons:
Tariffs are viewed as just Trump’s approach to statecraft for extracting actions or concessions. They are not supposed to last long. Trump aides are said to be looking at several offramps to avo...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
