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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American Soybean Association President Caleb Ragland shares the soybean sector outlook following the announcement of farm aid to offset losses for U.S. row crop growers.
Sen. Deb Fischer, of Nebraska, mentioned that Congress pushing through year-round E15 sales will do more to help commodity growers than more farm aid, which is currently a reality.
Sen. Moran joins us to discuss the farm aid package and the financial reality faced by row crop farmers in his home state of Kansas.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.