Agri-Pulse DriveTime Podcast

Anticipation of a trade deal with China helped crop prices move higher today. Live and feeder cattle futures were significantly lower on talk of lower beef prices for consumers. A number of hearings are scheduled this week in the Senate to consider Trump nominees as well review price increases for seed and fertilizer. 

The U.S. will begin a Section 301 trade investigation into China's purchases under the Phase One trade deal during President Trump's first term. Trump cancels all negotiations with Canada following an advertisement by the Ontario government. The Consumer Price Index was higher during September. 

 Agriculture Secretary Brooke Rollins today said Argentina's beef import quota would be increased by at least fourfold. Iowa Senator Charles Grassley said fellow legislators and industry representatives have not been able to sway President Trump's plan. 

USDA will open Farm Service Agency county offices tomorrow to assist farmers with loans and aid programs. Japanese officials are preparing a purchase package to present to President Trump next week. Agri-Pulse reports more states are considering SNAP purchase restrictions. 

The American Petroleum Institute withdraws support for legislation to allow higher sales of ethanol blended gasoline. Private crop analysts report an advanced harvest pace in the U.S. with advanced planting progress in Brazil. The Trump administration reports new efforts to assist the beef industry and lower consumer beef prices. 

House Agriculture Committee Ranking Member Angie Craig stands opposed to President Trump's support of Argentina including importing their beef. A number of farm groups including the National Cattlemen's Beef Association spoke against Trump's plan today.