While some parts of the President’s tariff plan are on hold, the Farm Bureau says the next three months will be critical for reaching a deal.
“But now is the time for discussion with a lot of the countries, whether they had the 10 percent additional or the much higher levels, the country specific, will be engaging in discussions with the administration. See what kind of a deal they can work out in exchange for, perhaps again reducing the tariffs they may have on some of our products by looking at some of their non-tariff trade barriers. In agriculture, of course, we’re looking to standards,” said AFBF’s Dave Salmonsen.
Salmonsen says the Farm Bureau is just waiting to see what happens next and says they will be closely monitoring export numbers in the coming months.
The White House is reportedly moving forward with beef import tariff reductions as officials look to lower food costs for consumers.
RealAg Radio host Shaun Haney joins us to discuss the latest developments surrounding the Trump/Xi summit, what the negotiations could mean for U.S. agriculture, and
trade enforcement concerns.
Huma Chief Sales and Marketing Officer Fred Nichols joins us to discuss rising interest in carbon-based products, soil health strategies, and fertilizer cost concerns.
The lower outlook follows months of drought stress across major winter wheat regions, where some producers have abandoned fields or shifted acres to grazing instead of harvest.
Current estimates indicate the federal government could be forced to return more than $150 billion to importers.
Aimee Bissell discusses Iowa planting progress, weather conditions, fertilizer costs, and concerns over early crop development.
