The ag sector is already weighing in on President Trump’s new tariff plan as many speculate over potential ripple effects for U.S. farmers.
National Farmers Union President Rob Larew joined RFD-TV’s Tammi Arender to discuss what he is hearing from the ag community, how the 34 percent tariff on Chinese foods will impact trade tensions for U.S. farmers, and their letter to President Trump, which calls for trade de-escalation with the EU.
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Iowa land values dropped 3% year-over-year. Sen. Chuck Grassley said this discomforting pattern is a harbinger of crisis for farmers, as seen in the 1980s.
Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Expect firm demand for dependable HRS and SW, steady movement in HRW, more sorting on SRW, and selective bids on durum until full milling results are released.
Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
