Top Producer
While 56% of farmers say they believe the ongoing trade disputes with China and other countries will hurt them financially this year, 70% say they believe the U.S. and agriculture specifically will benefit in the long-term.
“Don’t panic,” says independent crop consultant Steve Hoffman with In-Depth Agronomy. “This is going to be a gradual phase in, and I know it’s definitely adding complexity.”
The stakes are high with the latest trade war. While the risks of losing more market share into China are a concern, the upside potential of a trade deal with China could be monumental.
Agriculture is an export dependent business. At peak uncertainty, the industry could go either way: Gain ground with new trade deals or take a big hit as exports further decline.
A farmer’s yearly harvest is in the crops they grow. And their lifetime legacy lives on in the family they raise. That sentiment is embodied in the life of Willard Jack, who died over the weekend after a courageous battle with cancer.
The regulations are a response by EPA to enforce the Endangered Species Act at the agency level rather than through litigation and the court system.
The Department of Commerce will now issue and announce the final duty rates on the imported products.
Here are five takeaways from the latest semi-annual report, including the top tariff fronts to watch for impact to fertilizer prices.
“In today’s economy, the ability to farm often depends on the ability to commute,” says Daniel Munch, economist at American Farm Bureau Federation.
John Block shares an insider’s perspective on the challenges faced by farmers and policymakers alike.