All of agriculture is keeping a close eye on trade, as President Trump plans to impose 25 percent tariffs on imports from Canada and Mexico starting February 1st. Many now are left speculating over the impact for agriculture on both sides of the border.
Canadian Federation of Agriculture’s Keith Currie joined RFD-TV’s own Suzanne Alexander to discuss how farmer are feeling, if he thinks the tariffs are set in stone, and what kind of impact it would cause to ag production.
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Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
Lewis Williamson, from HTS Commodities, joined us to share insights on the farm economy from producers in the field.
Congress has just over a month of working days left for the year. Plan for uneven USDA service until funding is restored, and closely monitor Farm Bill talks, as avoiding Permanent Law before January 1 is the single biggest risk to markets and milk prices.
“A government shutdown impacts all Americans and has serious consequences, including for farmers. It just adds additional uncertainty, disrupts critical services.”