In response to lost soybean export sales to China because of the trade dispute, President Trump and USDA announced in August that farmers would be paid about $10 billion in “Tariff Aid Payments.” The rate of payments and fund allocations for the various commodities involved are detailed below.
There are many different commodities/products that will receive payments, but soybean producers are clearly the winners - just as they should be. 50 percent of these payments were authorized almost immediately, but issuance of the other 50 percent wasn’t a certainty. In fact, some analysts were surprised when it was authorized this week because China is buying U.S. soybeans again. These payments are based on 2018 production, and f...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
