This Week in Agriculture

This week in Agriculture, hosted by Tyler Donaldson on the Red River Farm Network, delivers a comprehensive update on global market volatility driven by escalating tensions in the Strait of Hormuz, where Iran's reopening of the waterway has eased but not eliminated supply concerns. Oil prices surged above $100 per barrel amid fears of a U.S. blockade, impacting fertilizer and commodity markets. Soybean meal emerged as a surprising beneficiary, while wheat showed resilience amid technical strength. Rising fertilizer costs—exacerbated by regional disparities in pre-booking practices—continue to pressure farmers, especially in the South. The U.S. Justice Department is investigating input costs, and the Trump administration has signaled intent to combat alleged price gouging. Meanwhile, severe weather disrupted parts of the U.S. Midwest and Great Plains, with storms bringing hail, strong winds, and flooding risks, particularly in Minnesota and North Dakota. In South America, Brazil’s soybean harvest is progressing well, though safrinha corn faces late planting challenges, while Argentina’s harvest is underway with improving crop ratings thanks to late rains. However, continued wet conditions threaten crop quality. The episode closes with a look at modernization efforts in farm program reporting, with North Dakota’s Grand Forks County piloting a new acreage system ahead of the 2026 crop year.