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Congress will have increased oversight over the president’s latest tariffs

Congress will have increased oversight over the president’s latest tariffs

The U.S. Supreme Court recently ruled 6–3 that IEEPA (International Emergency Economic Powers Act) does not authorize the president to impose tariffs. This invalidates all tariffs based solely on IEEPA. Following the ruling the administration pivoted to Section 122 tariffs via the Trade Act of 1974. Section 122 of the Trade Act of 1974 authorizes the president to impose temporary import surcharges up to 15%. President Trump has since enacted a 15% global tariff. United States Senator Chuck...

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China not honoring commitments in Phase One Agreement

China not honoring commitments in Phase One Agreement

The U.S. Trade Representative (USTR) has launched a Section 301 investigation of China’s implementation of the U.S.-China Economic and Trade Agreement, popularly known as the Phase One Agreement.  A public hearing on that investigation will open tomorrow (Dec. 16)....

USDA to update Expanding Access to Risk Protection with final rule

USDA to update Expanding Access to Risk Protection with final rule

The public comment period closes on January 27th for a final rule designed to expand producer access to crop insurance and other risk protections. USDA Risk Management Agency Administrator Pat Swanson says the goal of the Expanding Access to Risk Protection (EARP)...

Quarterly economic condition report for U.S. agriculture

Quarterly economic condition report for U.S. agriculture

The Farm Credit Administration received its quarterly report on economic conditions affecting agriculture and an update on the overall performance of the Farm Credit System. Despite a turbulent year with tariffs and trade, the U.S. economy is expected to end 2025 on a...

Property rights pressure rises across rural America

Property rights pressure rises across rural America

It is easy to assume Iowa’s fight over carbon pipelines and new transmission lines is something unique to our state. But the same pressures and frustrations are playing out across rural America. Our neighbors to the south in Missouri are confronting many of the same...

House unanimously passes ePermit Act

House unanimously passes ePermit Act

The U.S. House of Representatives unanimously passed the ePermit Act, which codifies President Trump’s Action Plan to modernize permitting technology across federal agencies. The legislation aims to reduce processing times for National Environmental Policy Act (NEPA)...

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Notable events in the ag economy in 2025

Notable events in the ag economy in 2025

As 2025 winds down, it is a good time to look back on the ag economy for the year. On the surface the most basic analysis is that it was a tough year for grain producers while livestock producers had a more prosperous year, especially in the cattle sector. USDA Chief...

Ag forecasts for 2026

Ag forecasts for 2026

Since 2020, AgriBusiness Global has developed a yearly forecast of key events likely to impact global agriculture and agribusiness in the year ahead. Among the top forecasts for 2026 are input prices staying flat or increasing as suppliers compete for farm purchases....