Supreme Court Limits Presidential Tariff Powers in Farm Victory

DELMARVA — The Supreme Court ruled Friday to limit presidential tariff powers under emergency legislation, a decision Delaware’s farm community is celebrating. Scott Metzger with the American Soybean Association says the IEEPA tariffs have been used on several ag products, creating uncertainty for producers across Delmarva. The ruling restricts how presidents can utilize the International […]

DELMARVA — The Supreme Court ruled Friday to limit presidential tariff powers under emergency legislation, a decision Delaware’s farm community is celebrating.

Scott Metzger with the American Soybean Association says the IEEPA tariffs have been used on several ag products, creating uncertainty for producers across Delmarva. The ruling restricts how presidents can utilize the International Emergency Economic Powers Act for trade restrictions.

Policy

Meanwhile, USDA opened registration this week for an $11 billion farm relief program. The Farmer Bridge Assistance initiative starts Monday with one-time payments targeting row crop farmers dealing with disrupted trade markets and rising costs.

Markets

March corn closed at $2.65¼, up $0.01. March soybeans finished at $9.23¾, down $7.75. March wheat gained $0.05½ to $4.95¼. Live cattle for April dropped $1.42 to close at $242 per hundredweight.

Forecast

A major winter storm is headed to the region. Tonight expect mostly cloudy skies with lows around 31°F. A blizzard warning is in effect through Monday evening for Sussex County with heavy snow and blowing snow expected Sunday night into Monday. Winter storm warnings cover Kent County and portions of Maryland’s Eastern Shore. Temperatures Sunday will reach 38°F before heavy snow moves in overnight. Clearing returns Tuesday with highs in the low 30s.

This article is based on the Delmarva Farm Report Update Evening Edition, February 21, 2026. Hosted by Tom Bradley.