five-year

Five-Year Fertilizer Duty Review is Underway

A five-year review of countervailing duties on phosphate imports from Morocco and Russia is underway. Agri-Pulse reported that fertilizer producers Mosaic and Simplot say they’re in favor of keeping the duties in place. The tariffs range from 16.6 percent to over 47 percent, and have been in place since 2021 when Mosaic filed a countervailing duty case. The Commerce Department’s …

china

American Soybean Association Calls for Additional Sales to China

The American Soybean Association is calling for the Trump Administration to prioritize soybean exports in upcoming trade talks with China. The ASA called for these additional purchases of soybeans in a letter to the White House with the additional request of removing the remaining 10% retaliatory tariff on U.S. imports into China. ASA President Scott Metzger said, “Farmers continue to …

American Farm Bureau

American Farm Bureau Comments on US Supreme Court’s Decision on Tariffs

With the Supreme Court’s decision striking down the tariffs implemented by the Trump Administration in 2025, The American Farm Bureau Federation is reacting to this news.  American Farm Bureau Federation President Zippy Duvall said, “America’s farmers understand the president’s efforts to use tariffs to create a more level playing field for U.S. goods, U.S. workers and the U.S. economy. Unfortunately, …

Markets

Uncertainty Impacting the Markets

Markets don’t perform well, dealing with uncertainty, and there’s plenty of it at midweek. Wall Street CME Group in Chicago facing uncertainty from multiple fronts. Usually it’s maybe one major world event or perhaps a domestic issue here, but as we head to March, markets dealing with tariff uncertainty, ongoing and escalating tensions with Iran, weather in the Northeast, and a never-ending AI fears. That VIX or fear index, …

trade deal

India Trade Deal with US

U.S.-India Trade Deal Expected to Boost Markets and Agricultural Exports President Trump and India’s Prime Minister reached a new trade agreement this week that is expected to provide support for financial markets, including Wall Street and the CME Group in Chicago. The agreement represents a significant shift in trade relations between the two countries and could have far-reaching impacts on …

guatemala

USTR Announces Reciprocal Agreement With Guatemala

U.S. and Guatemala Sign Reciprocal Trade Agreement Strengthening Agricultural Market Access The Office of the United States Trade Representative has announced the signing of a new Reciprocal Trade Agreement between the United States and Guatemala, marking another step in strengthening economic ties across the Western Hemisphere. U.S. Trade Representative Jamieson Greer joined Guatemala’s Minister of Economy, Adriahna Gabriela Garcia, to …

china

China Export Tariffs Suspended For Peanuts

China Suspends Retaliatory Tariffs, Giving U.S. Peanut Farmers a Boost Peanut farmers across the United States are watching global markets closely as peanuts come in from the fields and head into warehouses for shelling. This year’s crop arrives during a period of shifting international trade dynamics—changes that could bring some welcome relief for growers. One of the most important players …

trade agreement

China Retaliatory Tariffs and Crop Reports Delayed

Analysts Question Lack of Clarity on U.S.–China Trade Deal as USDA Delays Crop Report While officials in Washington confirm that a U.S.–China trade deal is in place, analysts from the Bottom Line Report say the situation remains uncertain—largely because Beijing has yet to release any official statements confirming or clarifying the agreement. “Everyone agrees we have a trade deal with …

trade agreement

Update on US China Trade Talks

U.S.-China Trade Relations Reach New Low Over Rare Minerals, Tariffs Tensions between the United States and China escalated late last week, and markets—including Wall Street and the CME Group—continue to respond with volatility and concern. “U.S. and Chinese trade relations began to sour late last week, Wall Street and the CME Group continue to react even today.” What many hoped …

China

New 100 Percent Tariff on China by November?

Trump Responds to China’s Mineral Export Curbs With Tariff Threats Tensions between the U.S. and China are escalating once again, this time over critical mineral exports. The Chinese government announced it would curb critical mineral exports to countries like the United States, sparking an immediate and forceful response from the White House. “President Donald Trump threatened to up the ante …