Agri-Pulse DriveTime

Members of the National Pork Producers Council will be in Washington this week to meeting with legislators. CEO Brain Humphreys says trade and a farm bill will be high on the list of producer priorities.

Financial and commodity markets took another beating today over US trade tariffs. North Dakota Senator John Hoeven speaks to tariffs and other issues on this week's Agri-Pulse Newsmakers.

Legislation was introduced today to rein in the president's power to impose tariffs allowing Congress to remove tariffs imposed by the administration.

As expected President Donald Trump announced reciprocal tariffs on global trading partners this afternoon at the White House. The move drew both praise and scorn from various industry groups and legislators.

Iowa Senator Charles Grassley is reserving judgement on President Trump's tariff plans but says legislators could override Executive Branch actions on trade.

Based on farmer surveys, the USDA forecast a larger corn crop and smaller soybean crop than a year ago.

Next week promises plenty of potential for volatility in both commodity and financial markets.  The USDA's Grain Stocks and Prospective Plantings Report on Monday will be followed by tariff announcements from President Trump on Wednesday.

Senate Minority Whip Richard Durbin says farmers in his state are concerned about access to global markets and what retaliation other nations may inflict on their ag products as a result of President Trump's various tariffs.

House Agriculture Committee Ranking Member Angie Craig opposes GOP plans to cut current food assistance programs or SNAP funds to meet budget reconciliation goals.

Iowa Senator Charles Grassley said the Senate Finance Committee is resolved to completing work on tax policy critical to farmers, ranchers and the nation.