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Trump Budget Plans To Cut USDA Spending.

 

Trump Budget Plans To Cut 21% ($4.7 Billion) from USDA Spending.

Farms.com Editors

Many farmers and agriculture groups are concerned with President Donald Trump's budget plan which includes a 21 percent cut to discretionary spending at the U.S. Department of Agriculture (USDA).  Critics of the budget say it could take a toll on the rural communities that helped elect him last November.

The President has proposed slashing the USDA's discretionary budget by $4.7 billion to $17.9 billion by halting funding for rural clean water initiatives and rural business services, reducing some USDA statistical services and cutting county-level staff.


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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.