News about trade
The U.S. Department of Agriculture announced plans to purchase products, including pork, for distribution to various food nutrition assistance programs.
Rural America doesn’t ask for much — just a fair shot and a government that has their back.
U.S. soybean exports — including whole soybeans, soybean meal and soybean oil — are projected to grow by 5% in the 2026-2027 marketing year.
The largest packers are reconfiguring their business models to emphasize a greater reliance on imports and deemphasize their historical reliance on domestic slaughter.
Canada has pledged to roll out “dollar-for-dollar” countertariffs on scores of U.S. goods in response to President Donald Trump’s latest import taxes, which have plunged the North American neighbors deeper into a bitter trade war.
Farmer leaders of the Illinois Corn Growers Association recently advocated for their peers on Capitol Hill.
Today’s combination of elevated input costs and tighter commodity margins is changing the way farmers think about risk.
Strong trade relationships with Canada and Mexico help strengthen family farms, support rural communities and keep American agriculture competitive around the world.
Honda’s profit for the fiscal first quarter more than doubled from a year ago, as the Japanese automaker continues to tackle a turnaround from the first full year loss in its history.
Toyota reported a nearly doubling of profit for the fiscal first quarter as solid demand in the United States and India combined with a favorable exchange rate to boost results.
Nissan Motor Corp. reported that it returned to profit in the first quarter of the fiscal year, helped by cost-cutting measures and improved sales in some markets.
Total cattle inventory increased slightly for the first time since 2018, but the beef cow herd fell to 28.5 million head — a record low, indicating herd rebuilding remains limited, reports Jim Henry.
There are times when it seems like agriculture just can’t catch a break. This is one of those times.
The United States has fully resumed Mexican avocado imports following a temporary suspension prompted by a security alert in the western state of Michoacán.
Gov. JB Pritzker’s career as a venture capitalist and philanthropist from Chicago seems far-removed from agriculture, yet they parallel one another, according to the two-term governor.
Republican U.S. Senate candidate Don Tracy stressed the need for more certainty from Capitol Hill for farmers.
Illinois Soybean Association and Illinois Soybean Growers brought together members of the Mexican Consulate and Illinois General Assembly for a discussion highlighting the value of Illinois soybeans, strong trade relations and the impact Illinois farmers have across the world.
President Donald Trump announced on his social media account he is suspending import tariffs quotas on ground beef for three months.
One of the most consequential actions during the markup of the farm bill was the Senate Agriculture Committee vote on an amendment addressing mandatory country-of-origin labeling for beef.
Soy buyers from several countries took advantage of the opportunity to see soybeans growing on an Illinois farm during a tour of Ryan Frieders’ farm.
Lower projected corn and wheat stocks bumped up anticipated season-average prices while soybeans were unchanged in the U.S. Department of Agriculture’s supply and demand estimates report.
The U.S. Soybean Export Council has increased its emphasis on global market diversification as the competitive focus for U.S. soy exports.
Sometimes shared goals outside of agriculture can lead to opportunities that we could never have imagined.
After three months of declines, the Purdue University-CME Group Ag Economy Barometer rose in July from 113 to 126.
High-quality corn harvested last fall continued to maintain its high grades as it entered international export channels.
Illinois Soybean Association marketing efforts were highlighted during the recent Agronomy Farm Field Day, tying together the production of a high-quality product and its relationship with global demand.
Additional financial support is critical to offset trade-related losses, rising input costs and the deep financial pressure facing U.S. row crop and specialty crop producers.
Led by its 77 farmer-leaders, United Soybean Board approved a $122.5 million budget for the 2027 fiscal year, strategically allocating funds across vital research, promotion and education investments.
Volkswagen reported weak sales numbers, a day after the giant German automaker announced plans to slash the number of models by nearly half as sales plunged, particularly in China.
Spraying for weeds in corn and soybean fields has been completed on Cliff Lane’s farm and the next task will be spraying the crops with fungicide.
Too many officials in the Trump administration and several farm-state Capitol Hill leaders believe that just saying something is true makes it true.
Already feeling pinched since the start of the Iran war, consumers are likely to feel more pain ahead as oil prices pushed past $100 a barrel amid renewed fighting and military strikes that have left global oil supplies stranded in the Middle East.
U.S. gas prices have climbed back above $4 a gallon nationally, driven by renewed military conflict and supply disruptions involving Iran and the Strait of Hormuz.
Without federal assistance, the economic situation in rural America will only get worse, warns Jim Henry.
At a time when farmers are facing the toughest economic environment we’ve seen in a generation, we need every tool available to help strengthen farm income and create new opportunities for agriculture.
Around 160 people attended the 2026 Livestock Summit in Indianapolis, bringing together leaders and farmers from across the state.
Farmer sentiment dropped again in June as the Purdue University-CME Group Ag Economy Barometer Index declined from 119 points in May to 113 points in June.
There are many current issues important to Illinois cattlemen including the development of a new farm bill.
Old- and new-crop ending stocks for corn and soybeans fell below trade expectations in the U.S. Department of Agriculture’s balance sheet estimates.
With the updated data from the latest quarterly grain stocks and acreage reports, the U.S. Department of Agriculture made some slight adjustments in the crop balance sheets.
The United States is the world’s largest producer and exporter of corn. But that global market — and corn superpower status — is not guaranteed.
The Illinois Small Business Development Center’s International Trade Center is exploring collaboration opportunities with the National Corn-to-Ethanol Research Center at Southern Illinois University Edwardsville.
China’s passenger car exports jumped 73% year-on-year in May to around 809,000 vehicles, an industry group reported, as higher gasoline and diesel prices due to the war in Iran raised interest in electric vehicles.
Payment rates and the enrollment period for the Assistance for Specialty Crops Farmers program have been set by the U.S. Department of Agriculture.
Why are today’s farm programs heavily skewered to support cotton, a crop we can’t give away, while wheat, a principle food grain and feed grain the world over, continues to lose planted acreage and production?
Matt Raben, a White county farmer and Illinois Corn Marketing Board director, was elected to serve on the executive committee of the USA Poultry & Egg Export Council during the organization’s 37th annual meeting.
U.S. Senate Democratic Whip Dick Durbin visited Incobrasa Industries to meet with representatives from the Illinois Soybean Association, the company’s leadership and Illinois soybean farmers to discuss the importance of biofuels and issues impacting the industry.
With a mandatory July 1 deadline for the trilateral joint review of the U.S.-Mexico-Canada Agreement approaching, an economic study detailed the trade pact’s overall impact on U.S. agriculture.
Wheat stocks fell on lower production estimates, and corn and soybeans supplies were steady in the latest U.S. Department of Agriculture’s supply and demand estimates report.
As expected, for the second straight month only minimal changes were made in the U.S. Department of Agriculture’s supply and demand report.