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A study released by the National Corn Growers Association spotlights that U.S. corn farmers paid an average of 68% more for seed than Brazilian growers from 2023 through 2025, while U.S. growers also paid substantially more for fungicides, herbicides and insecticides.
According to the monthly Purdue-CME index, farmer sentiment regarding current conditions dropped by 5 points in June to 113 points, the lowest level since December 2024. Farmers' view about the future also fell by 7 points to 118 points.
U.S. cattle groups are united to urge USTR to remove the exemption for Brazilian beef from proposed 25% tariffs, arguing it undermines efforts to hold Brazil accountable for illegal deforestation and unfair trade practices.