Tariffs are already having an impact on some businesses, and it comes with planting season right around the corner.
Owners at Bay Shore Sales in Michigan tell AgriPulse that they have been waiting on a liquid storage tank from Canada for some time now. The delivery got delayed Tuesday night, and by Wednesday, they learned it was not coming. He says he is already starting negotiating prices with customers, and will not break agreements already in place.
He says they will likely have to source products that are not subject to tariffs.
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Lewie Pugh, with the Owner-Operator Independent Drivers Association, joined us on Monday’s Market Day Report with his insights on the incident and a deeper dive into the issues at hand.
As the Trump Administration seeks out new global trade partnerships, Congress is considering more support for farmers, which comes as the Federal Reserve warns that farmers need a safety net.
Ag Secretary Brooke Rollins will travel to Europe and Asia to seek new trade partnerships for U.S. crops after China reduced imports due to tariffs.
The $221 million will help farmers and ranchers cover losses from Hurricane Helene that USDA programs didn’t cover. They’ll focus on infrastructure, markets, timber, and future economic losses.
Tom Peterson with the New Mexico Cattle Growers Association says taxpayers are “unfortunate casualties” of this overlay now that the Mexican wolf population is stable under ESA guidelines.
