Over the weekend, Mexico and the EU received letters from the White House warning that stronger tariffs are on the way come August 1st.
Host of RealAg Radio Shaun Haney spoke with RFD-TV’s own Tammi Arender on some of the details, Canadian negotiations, and counter tariffs.
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Tariff refunds are underway, potentially returning billions to importers, as agriculture groups push for a larger role in trade policy and investigations.
Strong ethanol exports support long-term growth in corn demand.
Rising global supplies may cap soybean price strength, while sorghum prices hinge heavily on China’s export demand.
Trade disputes can quickly reduce demand for key crops.
Input costs may stay elevated beyond tariff impacts.
Rising costs and prices are shifting acreage toward soybeans. Most fertilizer prices are up double digits from this time last year, with Urea seeing the largest gains.