Tariff Toll: “Exports are super important for the profitability of farmers and ranchers across the country.”

Recent tariff developments have all of agriculture keeping a close eye on trade policy. As uncertainty looms, many might be wondering just how important exports are for the farm economy.

American Farm Bureau Economist, Betty Resnick spoke with RFD-TV’s own Suzanne Alexander on the importance of exports to agriculture, top trading partners, and top export products.

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Payment totals alone do not show financial stress — production costs and net losses complete the picture.
Year-round E15 remains on the table, but procedural caution and competing regional interests pushed action into a slower, negotiated path.
Rising import pressure and tougher export competition are likely to persist into 2026, supporting domestic supplies while capping export growth.
Without additional support, many soybean operations will continue to face financial stress as they prepare for the 2026 crop.