SCOTUS on Tariffs and FFA to Cooperate in Syngenta Investigation
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**The Supreme Court turned the U.S. trade landscape upside down with a decision Friday striking down the centerpiece of President Trump’s tariff program.
The 6-3 ruling in “Learning Resources, Inc. v Trump” comes after justices showed skepticism in questioning during oral arguments.
Trump said a 1977 law called the International Emergency
Economic Powers Act gave the president the ability to declare an economic emergency and take action, but didn’t specify tariffs as a specific remedy.
**The National FFA says it will cooperate with a congressional inquiry examining one of its corporate sponsors, while emphasizing its nonpartisan mission and independence from donor influence.
At question is FFA’s alleged ties to the Chinese Communist Party through a partnership with Chinese-owned Syngenta.
The National FFA says while they accept support from generous donors, we do not and cannot advocate any of their views.
FFA declined further details.
**A new USDA forecast suggests growth in U.S. farm wealth will slow in 2026 while debt continues to climb.
USDA’s Economic Research Service projects farm assets and equity, the difference between total assets and total debt, will rise at the slowest pace since 2019–20.
Crop and livestock inventories are expected to decline as investment in machinery and vehicles grows.
Farm debt is forecast to accelerate for the third time in four years.
