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.
CoBank Lead Energy Economist Teri Viswanath discusses their analysis of rising energy costs, rural impacts, and the outlook for fuel prices amid ongoing global uncertainty.
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The analysis models how trade disruptions in the Strait of Hormuz may continue to drive up the cost of fertilizer.
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National Land Realty’s Jeramy Stephens explains how rising input costs and economic uncertainty are impacting the farmland market and what landowners should watch moving forward.
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Higher fuel costs are raising grain shipping expenses. RealAg Radio’s Shaun Haney discusses how energy market disruptions are impacting farmers in new ways as the War in Iran continues.
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Variety meat demand is helping offset weaker beef exports.
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Corn exports remain the clear demand leader.
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