President Trump’s tariff plan is slated to take effect this afternoon. It is a move months in the making, but now a number of ag groups are making a last-minute push, asking the Administration to reconsider.
Groups like the Farm Bureau, the National Farmers Union, and NASDA have all signed a letter to Ag Secretary Brooke Rollins, writing that sweeping tariffs would have negative consequences for the U.S. ag industry. They warn that retaliation would create hardships for farmers and ranchers who never recovered from the last round of tariffs.
They are asking for trade policy that advances U.S. agriculture and prioritizes new market access. President Trump is expected to enact the new trade policy this afternoon at 4:00 Eastern.
Not every industry is worried about the President’s plan, though. The Southern Shrimp Alliance welcomes tariffs, urging the President to effectively raise the price of foreign shrimp. The group accuses the Treasury Department of allowing foreign companies to directly compete with American fishermen and say it is causing multi-generational businesses to close shop. They hope tariffs will boost domestic production.
With China’s pullback, U.S. sorghum producers must broaden their export markets. Building connections now could help stabilize prices and demand for the upcoming larger crop.
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Higher domestic rail tariffs and mixed capacity shifts will influence grain movement this harvest. Strong corn exports provide momentum, but logistics costs remain a critical factor.
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Malone, Senior Director of Trade Execution at Bunge, emphasized the importance of spaces where women can engage in meaningful conversations about global trade, supply chains, and leadership opportunities.
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“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
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We caught up with Karen Braun, Chief Market Analyst at Zaner Ag Hedge, at the Women in Agribusiness to discuss the data behind commodity trading.
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North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
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