The farm sector is breathing a sigh of relief as tariffs against Canada and Mexico have been paused for 30 days. However, we are still closely monitoring negotiations and their looming impact on agriculture.
American Farm Bureau Federation (AFBF) President Zippy Duvall spoke with RFD-TV’s own Jennifer Vikery Smith about what he hears from the industry, the importance of Canadian and Mexican trade relations, and possible ripple effects.
“There are definitely some difficult things that could happen to agriculture because a lot of the time, we are the brunt of a trade war with retaliation,” Duvall said.
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Potash has seen the most significant decline, falling 11 percent over the same five-year period.