Your Pro Farmer newsletter (July 12, 2025) is now available

USDA’s July crop reports featured the first all-wheat crop production estimate and updates to the old- and new-crop balance sheets. President Trump sent out letters to trading partners letting them know what their reciprocal tariff levels will be, though he delayed implementation until Aug. 1 to give countries more time to negotiate deals. Uncertainty on the trade front continues to add to pressure from favorable weather for crops, especially corn as the crop starts pollination with strong condition ratings. Based on the long-term outlook, atmospheric conditions will remain ENSO-neutral through the growing season. The labor situation remains unsettled for migrant ag workers, adding another layer of uncertainty for the sector. USDA released ag aggressive new plan for farm and food security. Just as the phased reopening of the southern border to Mexican cattle began, a ban was re-enacted due to another screwworm detection in Mexico. We cover all of these items and much more in this week’s newsletter, which you can download here.