How do consumers feel about all this tariff talk?
Researchers at the University of Illinois found it is largely a non-partisan issue, with Republicans and Democrats both saying they expect food prices to rise in the coming months.
The Gardner Food and Ag Policy survey found 85 percent of Democrats expect a larger food bill this year, while around 75 percent of Republicans feel the same. 77 percent of all participants said they are somewhat or very worried about the tariff situation.
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Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
As input costs continue to rise, diesel prices have held steady in recent weeks, according to energy analysts at GasBuddy.
The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
