USDA Projects $37 Billion Ag Trade Deficit Next Year

The USDA is forecasting that the agricultural trade deficit will shrink in 2026 more than previously anticipated. Agri-Pulse said USDA expects the trade deficit to drop from $43.7 billion in fiscal year 2025 to $37 billion in fiscal year 2026. That’s according to the Quarterly Trade Forecast published last Tuesday.

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How Does US Rice Production Compare To South America?

Rice is a staple food across much of the globe, and different regions have varied preferences in cooking characteristics, taste and texture. In the Latin American rice market, customers favor high-quality, loosely cooked rice, and countries in this region are known for high rice consumption per capita. 

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Lawmakers Eye More Farm Aid on Top of USDA Bridge Assistance

Agriculture Committee leaders in the U.S. House of Representatives are looking to provide at least an additional $10 billion in farmer aid to supplement the recently announced Farmer Bridge Assistance (FBA) program. That additional aid would likely have to be driven by Congress, as a USDA undersecretary says it’s unlikely the agency will provide a second farmer aid package.

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LITE Center Receives $200K Grant to Bring Support to Rural Businesses

Rural businesses in Acadiana could receive more technological and expert support with a $200,000 grant.

The Louisiana Immersive Technologies Enterprise, or LITE, Center in partnership with the Louisiana Entrepreneurship and Economic Development, or LEED, Center and the Office of Innovation Management at the University of Louisiana Lafayette received the grant recently from the U.S. Department of Agriculture.

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The Louisiana Purchase: How Thomas Jefferson Secured America’s Agricultural Future

In the early years of the United States, few decisions carried as much long-term impact as the Louisiana Purchase. While often remembered for dramatically expanding the nation’s borders, the acquisition was driven by practical concerns—especially agriculture, trade, and access to markets. As explained by Mark Oppold in this American Agriculture History Minute, President Thomas Jefferson recognized that the future of American farmers depended on one strategic location: the port of New Orleans.

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Trump’s $12 Billion Payment to Farmers Comes in Rough Time for Louisiana Farmers

With about half of Louisiana’s — and the nation’s — farmers facing dire financial straits, agricultural communities are hoping the $12 billion short-term relief ordered by President Donald Trump earlier this month will be enough to offset losses from trade wars, tariffs, depressed commodity prices, and increased planting costs.

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Meet The 37-Year-Old CEO Who Runs Her Family’s Rice Business And Asked Trump To Double Down On Tariffs

At the White House earlier this month, President Donald Trump joined a roundtable of America’s farmers to announce $12 billion in bailouts. But when Meryl Kennedy, the 37-year-old CEO of her family’s Louisiana rice mill, spoke up to tell him that “the tariffs are working but we need to double down,” he was surprised: “You want more?” Trump asked.

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Trade, USDA, Ricekristen oaks
The State of Louisiana's Farm Economy

Record high production costs coupled with weakening commodity prices for major Louisiana row crops have substantially decreased farm incomes, adversely affecting operating margins for agricultural producers in Louisiana to such an extent that operating margins for soybean farms have diminished over the past three consecutive years. The severity of the decline encompasses negative margins for corn, cotton, rice, and soybean operations. The outlook for the farm economy moving forward from 2025 into the 2026 crop year is concerning for farm survivability.

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