U.S. Secretary of Agriculture Sonny Perdue today launched the trade mitigation package aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations.
U.S. Secretary of Agriculture Sonny Perdue today announced details of actions the U.S. Department of Agriculture will take to assist farmers in response to trade damage from unjustified retaliation by foreign nations.
With the exception of deteriorating conditions in Missouri, most major corn and soybean producing states continue to demonstrate “good” to “excellent” overall cropping conditions.
Programs will assist agricultural producers to meet the costs of disrupted markets. This is a short-term solution to allow President Trump time to work on long-term trade deals to benefit agriculture and the entire U.S. economy.
Little change is seen from a week ago in the conditions of 2018 U.S. corn and soybean crops, according to USDA. Both crops continue their rapid rate of maturation vs. previous week and 5 year averages.
With 97% of corn and 90% of soybeans emerged, USDA is reporting that the conditions of the two crops continue on a particularly strong paths as they continue to mature.
It looks like farmers in the Corn Belt are finally able to get into their fields and get some seeds in the ground, but current progress is lagging both last year on this date, as well as the 5 year average. But they’re starting to catch up.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Titan Machinery’s Q4 and FY 2025 earnings, and the improvement in inventory levels over the last 2 quarters
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