Economics and Prices

WASHINGTON — On Friday, the Supreme Court ruled President Donald Trump overstepped his authority in imposing tariffs under the International Emergency Economic Powers Act (IEEPA). “…we hold that IEEPA does not authorize the president to impose tariffs,” wrote Chief Justice John Roberts. The ruling invalidated…

(Washington, D.C., February 13, 2026) – U.S. Secretary of Agriculture Brooke L. Rollins announced that the U.S. Department of Agriculture (USDA) is providing $1 billion in Assistance for Specialty Crop Farmers (ASCF) Program assistance for specialty crops and sugar, commodities not covered through the previously announced…

Click here to read AFBF’s most recent Market Intel report on the farm economy and the next Farm Bill.  Key Takeaways The One Big Beautiful Bill Act (OBBBA) made significant modifications to USDA mandatory farm programs and the Supplemental Nutrition Assistance Program (SNAP). Following these…

The stakes for U.S. agriculture and all farmers from a trade war are huge. Canada, Mexico and China are the destination for more than 50% of U.S. ag exports annually; that market becomes an inviting target for retaliation. The risk of losing customers to competitor…

On Tuesday, March 18, US Ag Secretary Brooke Rollins announced the release of $10 bil. nationwide for an Emergency Commodity Assistance Program (ECAP) for the 2024 crop year. It will be administered by the Farm Service Agency and is meant to help eligible agriculture producers…