Ag lawmakers are responding to the tariff rollout and the subsequent retaliatory tariffs.
Iowa Senator Chuck Grassley says while there may be some uneasiness oout there, this is what the voters wanted.
“I think we have to realize that he’s just doing what the voters voted him to do and we’ll just have to see how it works out.”
Canada is a major supplier of potash to the United States. Senator Grassley says there has been no request to the White House yet for a potential waiver. They have also hit back with their own tariffs, 25 percent on around $30 billion of U.S. goods, which will continue until the U.S. drops its tariffs against Canada.
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Sen. Deb Fischer, of Nebraska, mentioned that Congress pushing through year-round E15 sales will do more to help commodity growers than more farm aid, which is currently a reality.
Sen. Moran joins us to discuss the farm aid package and the financial reality faced by row crop farmers in his home state of Kansas.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
