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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China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
Let’s meet an inspiring young farmer leading the Tennessee FFA this year, but now has his sights set on the National stage.