If countries targeted by Trump administration tariffs respond with tariffs of their own, then demand could fall for American corn, soybeans and other agricultural exports.
The president wants farmers to sell more in the U.S., but “you don’t build those markets domestically overnight,” says Iowa corn and soybean farmer April Hemmes.
The Biden administration spent upwards of $2 billion on bird flu monitoring and prevention. Trump’s administration just announced another billion. Where is it money going?
If federal funding is off the table, Howard Berk, president of Ellijay Mushrooms, says he’ll have to consider putting up more equity or taking on debt.
Drought conditions in parts of the South and Midwest have caused ranchers to shrink cattle herds. That’s one factor pushing cattle prices higher recently.