Your Pro Farmer newsletter (March 29, 2025) is now available

Next week is setting up as an important and potentially market-moving week for markets. USDA’s Prospective Plantings and Quarterly Grain Stocks Reports on March 31 have potential to spark big price moves. April 2 is the day President Trump will announce reciprocal tariffs on other countries, including the major trading partners – his so-called “Liberation Day.” Barring any last-minute agreements, the tariffs action could spark major market gyrations, though some of the trade negativity is already worked into markets. USDA’s Hogs & Pigs Report showed unexpected contraction of the U.S.hog herd, with no indications producers intend to expand. USDA’s Cattle on Feed Report showed a plunge in the number of cattle moved into feedlots in February and signaled market supplies will remain tight. On the economic front, consumer confidence plunged amid uncertainties over expected future conditions given volatile policy changes in Washington. We cover all of these items and much more in this week’s newsletter, which you can download here.