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.
Farm Bureau Economist Faith Parum discusses the latest Farm Bill proposal and the path ahead for Congress and U.S. agriculture.
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The Ranger Road Fire spreads from the Oklahoma Panhandle into Kansas as high winds and red flag conditions persist
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Lori Stevermer with the National Pork Producers Council reacts to the USDA’s speedline proposal, the new Farm Bill’s fix for California’s Prop-12, and other policy developments impacting the pork industry.
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Red Flag Warning in effect as high winds fuel fast-moving blaze across Oklahoma, Kansas, and Texas
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Investigations are now ongoing following a massive explosion and fire at the Koch Foods poultry plant in Fairfield, Ohio, which claimed one life and injured at least three other workers at the plant.
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Roger McEowen with the Washburn School of Law reviews key highlights from the House Agriculture Committee’s latest farm bill proposal.
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