President Trump is doubling down on his promise of 25 percent tariffs on Canada and Mexico tomorrow. It has been met with mixed reviews, but both countries say they are ready for retaliation.
Mexico says it will counter with tariffs as high as 20 percent. Canada has hinted at energy tariffs as its energy supplies a large portion of the dairy country along the northern border. A series of high-level talks will take place in Washington today in an effort to get both countries to cooperate with President Trump’s immigration orders. However, barring any 11th-hour deals, President Trump says the tariffs will go into effect tomorrow.
This could have a major impact on farmers and ranchers. RFD-TV’s Tammi Arender, Tony St. James, and Scott Shellady discussed the ripple effects it could have on producers and how it is affecting the markets.
The FAO Food Price Index for November fell by more than 1 percent in November, marking the third straight month of declines.
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Texas livestock producers face a heightened biosecurity threat as New World screwworm detections in northern Mexico coincide with FDA approval of the first topical treatment.
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While the 2018 Farm Bill received an extension under the “One, Big, Beautiful Bill” Act, the National Pork Producers Council wants lawmakers to do more to support the sector.
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Buying a real Christmas tree directly supports U.S. farmers facing rising import competition, long production cycles, and weather-driven risks.
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