Trade
On a recent trade mission to Vietnam, South Dakota farmers found out the tariffs being proposed by the Trump administration are a huge concern for exporters.
Per CEO Bill Anderson in an interview this week, Bayer will have a decision in months — not years — about whether it will remain the only domestic producer of glyphosate in the U.S.
On her list of issues to tackle, says Secretary of Agriculture Brooke Rollins, is deciding if farmers will need another round of assistance payments later this year and if USDA headquarters should be relocated.
The tit-for-tat on tariffs between the U.S. and China continues, with China announcing on Friday a new rate of 125%, which is up from the 84% announced earlier this week. That pushes the tariff on U.S. pork and pork variety meat to 172%. The new soybean tariff is more than 150%.
“The sourcing from international markets has become mandatory. It’s more likely that things will get expensive than change,” says Jim DiLisi of Fanwood Chemical.
A global industry with tightly tied supply lines is riding the tariff roller coaster as the world waits to see how President Trump’s tariff strategy will play out.
As the trade war heats up, the reality is China is still the top export destination for U.S. farmers, even if the country isn’t buying as many soybeans as 2018.
After China retaliated with its own tariffs, the U.S. said on Tuesday that 104% duties on imports from China would take effect shortly after midnight, even as the Trump administration moved to quickly start talks with other trading partners targeted by Trump’s sweeping tariff plan.
Treasury Secretary Scott Bessent has confirmed that Japan will take priority in the administration’s upcoming trade negotiations, underscoring its strategic importance as both a military ally and major economic partner.
As tariff proposals continue to bring uncertainty, the agricultural sector is assessing how any forthcoming country-by-country trade deals might offset the disruption, or if the industry needs to brace itself for a different kind of future.
More than 50 countries have reached out to the Trump administration to open negotiations following the sweeping new tariffs.
The senior senator from Iowa is renewing a long-standing legislative effort to wrestle back authority on trade deals and tariffs from the executive branch.
Cheap cotton prices and dwindling demand are just part of the problem. Input costs have climbed and there’s no safety net to be found from a new farm bill. One Georgia farmer says the current farm bill is irrelevant and worthless, and if a new one doesn’t get passed this year, the cotton industry is doomed.
The 34% reciprocal tariff announced by China on Friday is in addition to the original 20% retaliatory tariff China issued in March, which targeted 15 products including beef, cotton, grain sorghum, pork, corn, dairy and fresh fruit.
Of all the directions President Trump could have gone on “Liberation Day,” Canadian Shaun Haney says it was a real win for Canada and a step closer to Canada, Mexico and the U.S. being more entrenched than ever before when it comes to trade.
Farmers and farm groups have mixed reactions and lingering questions following President Trump’s announcement of sweeping reciprocal tariffs. Will farmers receive aid to offset tariff impact? How will U.S. trading partners react?
According to new estimates from the Yale Budget Lab, the tariffs would translate into a 2.3 percentage point increase to overall inflation this year, or about a $3,800 impact for the average household.
In a Wednesday morning press conference, ahead of Trump announcing his global tariff plan, Sheinbaum says Mexico will “announce a comprehensive program, not a tit for tat on tariffs,” but added, “we have a plan to strengthen the economy under any circumstance.”
The downturn in the ag economy has everyone from farmers and ag lenders to even ag economists concerned. Waning optimism is an overriding theme for the row crop side of agriculture, yet some farmers hope President Donald Trump’s tough stance on trade can get the ag economy back on track longer-term.
The nation’s largest milk-producing state, home to 1.71 million milk cows, is navigating a series of challenges that add layers of complexity, costs and concerns for producers.
Continued good demand into 2025/26 is likely as any positive tariff results wouldn’t end in one year — potentially sustaining the corn bull market.
Canadian farmers are on edge as the latest trade war could impact the crops they grow as well as the inputs they need to plant a crop this spring.
The President’s Executive Order is being seen a step toward the U.S. being able to produce more of its own potash, which is said to be available but not mined due to regulatory impediments.
The senior senator from Iowa wants E15 approved for year-round use, fair and tariff-free trade, plus more action and a lot less talk regarding tax cuts and budget reconciliation efforts in the Senate.
A new report from Terrain answered three pressing questions about the evolving global economic dynamics
With tariffs and trade in focus again, a recent AgWeb poll asked farmers if they support President Donald Trump’s use of tariffs as a negotiating strategy.
The majority of respondents in the March Ag Economists’ Monthly Monitor agree the U.S. is currently in a trade war, but who wins? Ag economists say it’s not the U.S., Canada or Mexico but rather Brazil that could come out on top.
The anticipation of tariffs led U.S. buyers to stockpile Canadian potash.
President Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ships visits to American ports is causing U.S. coal inventories to swell.
Tariff whiplash is consuming the commodity markets — and the possible impact is stirring up quite the debate. At present, President Trump says he’s sticking to his plan to impose additional tariffs on Canada, Mexico and China starting April 2.