With the new administration soon coming into office, all of agriculture is keeping a close eye on the potential for new tariffs and the ripple effects that could result for farmers and ranchers.
Co-CEO of the Organic Trade Association, Tom Chapman spoke with RFD-TV’s own Suzanne Alexander on highlights from previous provisions, what he is hearing about the new tariffs, and the impact on the organic food sector.
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Producers may need to prepare for margin pressure in livestock feeding, while dairy farmers could benefit from stronger product demand.
Farmers await concrete trade commitments from China. Until then, export prospects for soybeans, corn, and sorghum remain uncertain against strong South American competition.
National Sorghum Producers CEO Tim Lust said farmers face a challenging year with strong supply, murky trade conditions, and uncertain access to their largest market: China.
U.S. trade talks with China resume, but meat industry leaders say dealing with shifting demand and market uncertainty is nothing new in this side of the ag sector.
Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.