Your Pro Farmer newsletter (May 3, 2025) is now available

Agricultural economists are growing even more pessimistic about the state of the ag economy. A majority of ag economists are concerned President Donald Trump’s tough trade and tariff stance could push agriculture deeper into a recession while also giving Brazil more of a competitive edge. Aside from trade, there is more focus on the U.S. growing season with corn plantings running ahead of average and soybean seedings on a record clip. Summer rallies in December corn futures, defined by us as occurring between May 1 and Aug. 10, are more the norm than the exception, providing opportunities to advance sales throughout the growing season. On the policy front, USDA secured deals with Mexico on New World screwworm and water supplies. EPA granted an emergency waiver for summertime sales of E15 across the country. We cover all of these items and much more in this week’s newsletter, which you can download here.