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The June Farm Journal Ag Economists’ Monthly Monitor reveals a majority of ag economists support reopening the Mexican border and rank weather and input costs as more immediate threats to the U.S. cattle herd.
The move will start a six-year review period as the U.S. pushes for stricter automotive content rules in negotiations with Mexico.
The company says the action is needed to preserve domestic production, but major commodity groups argue the trade case will come at farmers’ expense.
USDA says Trump’s executive order suspending phosphate duties could cut fertilizer prices by about 22%, saving U.S. farmers an estimated $1.82 billion annually across 97 million planted acres.
Incredibly surviving the Civil War, world wars, depressions, epidemics, and every milestone for two centuries, the Taylor gathering may be the oldest reunion on the planet.
The Executive Order signed by President Trump Monday comes after years of farmer lobbying against phosphate duties, with Texas A&M estimating $6.9B in added costs since 2021 tied to sharply higher DAP fertilizer prices.