With the new administration now in office, all of agriculture is keeping a close eye on the potential for new tariffs and the ripple effects that could result for farmers and the supply chain as a whole.
Virginia Houston with the American Soybean Association spoke with RFD-TV’s own Suzanne Alexander on what we have learned from President Trump’s previous tariffs, the impact of tariffs on Mexico and Canada, and what consumers and producers should keep an eye on.
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Lamb prices have seen a surprising surge driven by a tight supply and increasing demand in non-traditional markets.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
“We believe that it is just a matter of days or weeks... before we see New World screwworm in Texas.”
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.
