Ag groups have been preparing for President Trump’s tariffs for some time now. One dairy group says that preparation has actually helped their numbers.
“So, certainly, folks have been gearing up. That’s actually been good for our trade data so far. We’re moving a lot more product because folks don’t want to be out of U.S. products during these times,” said Sarah Dorland, a dairy economist with Ceres Dairy Risk Management.
Dorland says it does not take much market action to shake up the dairy economy. While they are shipping a lot of products now, she warns that could change drastically in the future.
U.S. dairy products are looking at an additional 10 percent tariff from China in the coming days. China has responded with its own tariffs that aim to target a number of U.S. ag goods. They include a 15 percent tariff on all U.S. chicken, wheat, corn, and cotton. There is also an extra 10 percent on U.S. soybeans, sorghum, pork, beef, as well as other fruits and vegetables. Chinese officials say those take effect March 10th.
The Sheinbaum–Rollins meeting signals progress, but the focus remains on fully containing screwworm before cross-border movement resumes.
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Livestock profits are propping up overall sentiment, but crop producers remain cautious amid tight margins and uncertain policy signals.
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Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.
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An import lag for ground beef will likely look different than last year’s egg shortage. The difference comes down to biosecurity and market flexibility.
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America’s love for burgers depends on open markets. Without lean beef imports, prices would skyrocket, crushing demand and destabilizing the beef industry.
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High milk production and soft retail demand are squeezing prices and margins — making careful feed and risk management essential through year-end.
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