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
Mary-Thomas Hart, with the National Cattlemen’s Beef Association, discusses the latest WOTUS developments and their implications for agriculture.
A massive rail merger could significantly impact North American agriculture and trade flows.
Urea and phosphate see the biggest price relief from tariff exemptions, but nitrogen markets remain tight, and spring demand will still dictate pricing momentum.
Lower turkey and wheat prices helped ease Thanksgiving costs, but underlying farm-sector pressures remain significant.
Cattle and hog supplies continue to tighten while dairy output expands, creating a split outlook in which red-meat prices soften and milk values come under pressure from larger supplies.
Hunter Biram, an extension economist with the University of Arkansas, is tracking Mississippi River water levels as grain shippers shift their focus to transportation following the wrap-up of fall harvest.
Firm live cow prices and shifting dairy-side culling suggest cull cow values may stay stronger than usual this winter despite weaker cow beef cutout trends.
Lewis Williamson with HTS Commodities shares an update on post-WASDE grain movement, with corn leading export momentum, soybeans steady, and wheat and sorghum continuing to move selectively.
New SDRP funding and expanded loss programs give producers additional tools to rebuild cash flow and stabilize operations after two years of severe weather losses.
