Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»US farm sentiment at four-year high as Trump seeks trade deals
    Commodities

    US farm sentiment at four-year high as Trump seeks trade deals

    June 3, 20252 Mins Read


    [CHICAGO] 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.

    Agriculture Secretary Brook Rollins said during a visit to Rome on Tuesday (Jun 3) that she is working to get Europe to buy more US products including wheat and soybeans. That comes after Vietnam announced deals to buy American grain and the US reached a trade truce with China.

    “We talked about getting more of our soybeans, more of our wheat, more of great products from America into Italy and of course across the EU,” Rollins said. “It is time that we move these products and continue to work on the world stage.”

    US President Donald Trump has pushed an America-first agenda that has hit crop exports. Top commodities buyer China currently has no sales on the books for US corn, soybeans or wheat to be shipped next season.

    Still, farmers are more optimistic, according to Purdue University and CME Group’s Ag Economy Barometer, which surveyed some 400 producers between May 12 to 16, just after the Trump administration announced “substantial progress” towards a trade deal with China. The index hit a reading of 158, the highest since 2021.

    A “skyrocketing” number of farmers expect increased agricultural exports over the next five years, according to the survey. However, only 28 per cent strongly agree that “free trade benefits agriculture and most other American industries” – down from 49 per cent of farmers who agreed with the statement when it was first posed back in November 2020.

    BT in your inbox
    Newsletter Img

    Start and end each day with the latest news stories and analyses delivered straight to your inbox.

    The results “provide additional evidence that producers’ views on trade have shifted”, according to the barometer.

    Rollins is schedule to travel to several more countries, including Japan, Brazil, India and Ivory Coast over the next few months. Her agency is also leading a mission to Peru next week in efforts increase exports and address an over US$3 billion trade deficit with the South American country.

    Rollins touted the US’ “massive” trade deal with the UK that included a quota for American beef and the removal of tariffs on 1.4 billion litres of ethanol.

    “We are just at the beginning of these renegotiations,” Rollins said. “I know we are making progress on China.” BLOOMBERG



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Concert: Judas Priest en concert à la Rockhal le 19 juillet

    Commodities

    la station d’énergie portable qui veut tout faire, partout

    Commodities

    Malgré Trump, Poutine et les guerres au Proche-Orient, les prix de l’énergie sont étonnamment attendus à la baisse dans les prochains mois

    Commodities

    Le groupe de heavy metal Black Sabbath célèbre son dernier concert à Birmingham – rts.ch

    Commodities

    Nadec lance un projet d’eacute;levage en Arabie Saoudite et signe des protocoles d’accord pour la formation et le soutien aux familles

    Commodities

    l’or a tellement flambé depuis un an que les gangs sud-américains préfèrent le métal précieux à la drogue

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    John McGrath – Desire to buy property driving more SMSF set-ups

    Stock Market

    Is Altria Group, Inc. (MO) the Best Consumer Staples Dividend Stock To Invest In?

    Precious Metal

    Will Gold and Silver Prices Sparkle This Festive Season? A Comprehensive Outlook

    Editors Picks

    BDTCOIN Now Listed on MEXC, Accelerating Its Mission to Democratize Digital Finance

    April 14, 2025

    Dog chews lithium-ion battery, sparking Oklahoma house fire

    August 7, 2024

    Avanza Bank Holding And 2 Other Top Dividend Stocks In Sweden

    August 15, 2024

    FBI Holds Symposium on Threats to Agriculture

    August 15, 2024
    What's Hot

    Industrial Energy Management Systems (IEMS) Global

    August 23, 2024

    Ying Li International Real Estate Limited présente ses résultats pour l’exercice clos le 31 décembre 2024 -Le 28 février 2025 à 10:22

    February 28, 2025

    NextEra Energy interested in recommissioning nuclear power plant

    October 25, 2024
    Our Picks

    iShares U.S. Utilities ETF (NYSEARCA:IDU) Holdings Boosted by Steward Partners Investment Advisory LLC

    March 11, 2025

    Norfund renforce son appui à CrossBoundary Energy en Afrique avec 40 millions $

    January 23, 2025

    Third of UK adults aspire to be BTL landlord

    June 25, 2025
    Weekly Top

    MouNa Group Technology remet un important lot d’ordinateurs aux étudiants des CPGE dans le cadre du Programme Simandou Academy

    July 6, 2025

    Zelensky introduced special anti-Russian sanctions for cryptocurrency payments — EADaily, July 6th, 2025 — Politics, Russia

    July 6, 2025

    Ontario funds two miners aiming to boost critical mineral recoveries

    July 6, 2025
    Editor's Pick

    Auction result of Treasury Bonds – RIKB 27 0415

    August 9, 2024

    Kefi Gold and Copper lève 7 millions de livres sterling pour accélérer son projet aurifère en Éthiopie

    May 21, 2025

    Belfort. Le pari prometteur des réservoirs d’hydrogène solide de Mincatec Energy

    March 14, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.