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Beef Imports From Brazil Surge as Officials Take Aim at Brazilian Packers

Brazil Beef Imports Jump Despite Probes

Beef Imports From Brazil Surge as Officials Take Aim at Brazilian Packers

OMAHA (DTN) — Agriculture Secretary Brooke Rollins stood with the acting Attorney General on Monday denouncing Brazilian packer ownership for being “affiliated with corruption, but...

"Beef Imports From Brazil Surge as Officials Take Aim at Brazilian Packers"
US Sugar Program is Struggling With Low Prices, Faces Possible Forfeitures

Sugar Farmers Face an Import Problem

US Sugar Program is Struggling With Low Prices, Faces Possible Forfeitures

CHAMPIONS GATE, Fla. — The U.S. sugar program, which is supposed to protect cane and beet growers by limiting imports, is struggling under current conditions...

"US Sugar Program is Struggling With Low Prices, Faces Possible Forfeitures"
USMCA Review Takes Center Stage at Commodity Classic as Tariff Tensions Rise

Texas Ag Economy Tied to Mexico Trade

USMCA Review Takes Center Stage at Commodity Classic as Tariff Tensions Rise

SAN ANTONIO, Texas (DTN) — With the mandatory six-year review of the U.S.-Mexico-Canada Agreement approaching and tariff tensions escalating, farm groups gathered Tuesday at the...

"USMCA Review Takes Center Stage at Commodity Classic as Tariff Tensions Rise"
While Seeking Changes, Senators and Farm Groups Defend USMCA’s Benefits

USMCA, Ag Exports and Trade Certainty

While Seeking Changes, Senators and Farm Groups Defend USMCA’s Benefits

OMAHA (DTN) — While pressing for improvements and changes, U.S. senators and representatives of farm and business groups defended the United States-Mexico-Canada Agreement (USMCA) on...

"While Seeking Changes, Senators and Farm Groups Defend USMCA’s Benefits"
Trump Announces Plan to Boost Imports of Beef Trimmings from Argentina

Trump Presses for Lowering Beef Prices

Trump Announces Plan to Boost Imports of Beef Trimmings from Argentina

OMAHA (DTN) — President Donald Trump on Friday announced the United States will lower tariff barriers to allow 80,000 metric tons (mt) of beef trimmings...

"Trump Announces Plan to Boost Imports of Beef Trimmings from Argentina"
Six Things to Know About USMCA and America’s Growing Ag Trade Deficit

USMCA and Ag Trade: By the Numbers

Six Things to Know About USMCA and America’s Growing Ag Trade Deficit

OMAHA (DTN) — Agricultural groups and others are testifying about the U.S.-Mexico-Canada Agreement (USMCA) in a multiday hearing, while reports out of Washington suggest President...

"Six Things to Know About USMCA and America’s Growing Ag Trade Deficit"
Canadian Prime Minister Moves to Reduce Country’s Reliance on US Trade

Canada to Cut Reliance on US Trade Ties

Canadian Prime Minister Moves to Reduce Country’s Reliance on US Trade

OMAHA (DTN) — The United States could see reduced imports of Canadian petroleum, steel and lumber in the coming years as the Canadian government looks...

"Canadian Prime Minister Moves to Reduce Country’s Reliance on US Trade"

Weather

What DTN is Watching

Markets

Friday looks to be a quiet day for reports, with CFTC to release their weekly Commitments of Traders report at 2:30 p.m. CDT, wrapping up the week with a look into trader positions as of Tuesday, July 14. Otherwise, traders will continue to monitor the ongoing conflicts in the Black Sea and Persian Gulf, as well as U.S. weather which will remain critical for the next 30-45 days.

Weather

A large plume of wildfire smoke continues to work across the Great Lakes and into the Mid-Atlantic on Friday. In addition, isolated showers will expand across the region as a system moves through Ontario. Both should help to cut temperatures back a few degrees, but high heat continues in the Northern Plains and Upper Midwest.

Farm Credit Rates

DTN Ag Interest Rate Snapshot
TODAY- LAST YEAR
as of:7/17/267/17/25
BENCHMARKS
Prime Rate6.758.25
30-Day Libor5.19
1-Year Libor5.91
10-Yr. Treasury4.533.73
CCC Loan Rate4.8755.750