Tariffs will be top of mind as Ag Secretary Brooke Rollins gets to work at the helm of the USDA. They are a big part of President Trump’s agenda, but some worry the ag industry could see some impacts. One International Policy analyst thinks Trump is putting tariffs on the wrong items.
“If you’re going to do tariffs, don’t do it on things that your firms are buying in order to produce stuff. Do it on the end products, do it on foreign cars coming in that are competing with cars made in America,” said Tim Sargent.
However, one ag economist says tariffs do have a purpose.
“The reason that we use tariffs might be to raise funds. It might be to protect American jobs, to grow American industries, and we can look at that from the slant that, okay, maybe perhaps that’ll work,” said Craig Lemoine.
Yesterday, the President ordered government agencies to study reciprocal tariffs and non-tariff barriers to trade. Their reports are due on April 1st.
From tariff talks in Europe to SCOTUS uncertainty and rising farm losses, analysts say policy and global supply will shape grain markets in the year ahead.
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Ethanol and corn groups are not hiding their disappointment over new reports that the bill to allow year-round E15 sales failed as Congress forges ahead on government funding, with another shutdown looming.
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Oil-led rallies can move soybean prices quickly, but sustained gains will require continued strength in soybean oil and broader biofuel demand signals.
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Dairy farmer and Discover Ag co-host Tara Vander Dussen joined us to discuss the Whole Milk for Healthy Kids Act, her experience at the signing, and what’s next for her family and farm.
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Analysts say a Supreme Court decision on tariffs could reshape protein markets, strain U.S.-China trade, and force farmers to rethink global demand strategies.
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President Donald Trump speaks at the World Economic Forum in Davos, addressing SNAP spending, tariff threats against Europe, market reactions, and the upcoming USMCA review.
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