Wheat Farmers Cut Losses as Harvest Lags

Farmers cut their losses early this year across the U.S. wheat belt, stretching from Texas to Montana. They were choosing to bale the wheat into hay, plow their fields under or turn them over to animals to graze. In Nebraska, wheat acreage is less than half of what it was in 2005.

US Trade Deficit Narrows by 55% in April

The U.S. deficit with its global trading partners tumbled by the largest amount on record in April as companies and consumers no longer rushed to get imports ahead of President Donald Trump’s tariffs. On the agriculture side, however, the latest forecast projects that the agricultural trade deficit will grow to $49.5 billion for fiscal year 2025, which ends Sept. 30, up from the $49 billion deficit projected in February.

Farmer Sentiment Reaches Highest Level Since 2021

Bloomberg’s Michael Hirtzer, Erin Ailworth, and Skylar Woodhouse reported Tuesday that “American farmer sentiment jumped to a four-year high, with growers betting on rising crop exports as the Trump administration pushes for more trade deals from Vietnam to Italy.” “US President Donald Trump has pushed an America-first agenda that has hit crop exports. Top commodities […]

White House Budget Looks to Cut Nearly $7 Billion from USDA

*Editor’s Note: We are aware of some publishing issues currently occurring with the daily email updates from the FarmPolicy News website. We are working to resolve those issues and to restore emails as soon as possible. Thank you for your patience. —————————————————————————————————————————————————————————————————— Politico’s Grace Yarrow reported that “the Trump administration is requesting $23 billion for […]

Farm Policy News
Department of Agricultural and Consumer Economics
1301 W. Gregory Dr
Urbana, IL 61801
Email: farmpolicynews@illinois.edu