Tariffs are a big part of President Trump’s agenda this term, and it will be something Ag Secretary Brooke Rollins will have to closely manage for agriculture.
Dairy specialists warn Mexico, Canada, and China are critical export markets for U.S. dairy.
To underscore the importance of those, about 40 percent of all of the dairy product exports by value goes to those three markets. So, those are vitally important for not just now and in the short term, but for our future growth opportunities,” said Chuck Nicholson.
Just last week, President Trump ordered government agencies to study reciprocal tariffs and non-tariff barriers to trade. Their reports are due on April 1st.
Related Stories
AFBF Economist: Farmer Bridge Assistance Payments Fall Short for Sugar, Alfalfa, and Specialty Crops
AFBF Economist Faith Parum provides analysis and perspective on the Farmer Bridge Assistance Program—what commodity growers should know and potential remedies for producers facing crop losses where that aid falls short.
In a post to social media, Trump said Venezuela will buy American agriculture products and will use the money from oil sales to make it happen.
Federal nutrition policy is signaling a stronger demand for whole foods produced by U.S. farmers and ranchers. Consumer-facing guidance favors animal protein, but institutional demand may change little under existing saturated fat limits.
Rail strength is helping stabilize grain movement, but river and export slowdowns continue to limit overall logistics momentum.
China continues to buy U.S. soybeans toward its 12 MMT commitment, as analysts cite data gaps, delivery timing questions, and muted market reaction.
Trade uncertainty—especially regarding soybeans—continues to weigh on future outlooks, even as farm finances and land values remain resilient.