President Trump’s tariff plan is now in effect. 25 percent tariffs began overnight for both Mexico and Canada, and the existing 10 percent tariff on China was raised to 20 percent. Canadian energy is being treated differently as they are a major energy trade partner with us, and those are subject to 10 percent tariffs.
RFD-TV’s Tony St. James and Scott Shellady joined Tammi Arender to help sort it all out and how the markets are reacting.
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The American Farm Bureau Federation (AFBF) is urging Congress and the Trump Administration to act quickly on behalf of American agriculture.
Escalating U.S.–China tensions threaten soybean demand as farm finances are stretched further.
ock NH3 early, track China’s Oct. 15 call and any U.S. Russia-UAN action, stay nimble on urea, and budget cautiously for high-priced phosphate.
Expect business-as-usual for most container exports.
CoBank Lead Grains Economist Tanner Ehmke joins us to share insight and concerns over current grain storage capacity as export demand lags.
