Politics and Protectionism Senator Marco Rubio (R-Florida) and other members of the Florida Congressional delegation are up for reelection next month. Fresh produce growers in Florida have long been frustrated by the ability of Mexican farmers to grow specialty crops at lower prices. The result is the Florida politicians have sent a request to USTR Katherine Tai that she initiate a Section 301 investigation of the imports from Mexico. Meanwhile, the U.S. exporters of corn, pork and other commodities to Mexico have also written to Ambassador Tai pointing out several things:
The Section 301 investigation was requested because the Florida growers’ petition for relief via the border measures approved in the USMCA have failed to find...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...