Retaliatory tariff hits continue

Betty Resnick American Farm Bureau Federation
Mar 24, 2025
Mar 24, 2025

Facebook
Twitter
Bluesky
WhatsApp
SMS
Email
Print
Save

Betty Resnick American Farm Bureau Federation

Trade has become a hot topic this year, with a lot of uncertainty. Trade-policy decisions being made in Washington will impact farmers and ranchers in the countryside. This Market Intel report is part of a series exploring different topics related to agricultural trade, including the potential impacts of trade-policy changes.

kAm%2C:77D 42? 36 2 5@F3=6 H92>>J 7@C 72C>6CD] u2C>6CD ?@E @?=J A2J >@C6 7@C :?AFED[ E96J 2=D@ @7E6? E2<6 E96 3CF?E @7 C6E2=:2E@CJ E2C:77D] (:E9 >@C6 E92? a_ A6C46?E @7 &]$] 28C:4F=EFC2= 8@@5D 6IA@CE65[ C6E2=:2E@CJ E2C:77D 42? A@D6 2 >2;@C E9C62E E@ 72C>6C 23:=:EJ E@ EFC? 2 AC@7:E] %96 >@DE C646?E C@F?5D @7 &]$]\:>A@D65 E2C:77D[ 2?5 DF3D6BF6?E C6E2=:2E:@?[ 2C6 ?@ 5:776C6?E] %96 E9C66 E@A 4@F?EC:6D E2C86E65 7@C E2C:77D E@ 52E6 – |6I:4@[ r2?252 2?5 r9:?2 – 2C6 2=D@ @FC E@A E9C66 >2C<6ED 7@C 28C:4F=EFC6 6IA@CED 2E Sb_]b 3:==:@?[ Sag]b 3:==:@? 2?5 Sac]f 3:==:@?[ C6DA64E:G6=J[ :? a_ac]k^Am

kAmkDEC@?8m#6E2=:2E:@? E2<6D A=246 – 2D @7 |2C49 `gk^DEC@?8mk^Am

kAm%96 :>A@D:E:@? @7 E2C:77D @? :>A@CED E@ E96 &?:E65 $E2E6D 2?5 DF3D6BF6?E C6E2=:2E@CJ >62DFC6D 3J @E96C 8@G6C?>6?ED 2C6 @44FCC:?8 D@ C2A:5=J E92E :E’D 5:77:4F=E E@ <66A EC24< @7 H9:49 E2C:77D 92G6 366? 2??@F?465[ H9:49 92G6 366? A2FD65 2?5 H9:49 2C6 :? 7@C46 7C@> @FC @H? 8@G6C?>6?E – =6E 2=@?6 7C@> @FC >2?J EC25:?8 A2CE?6CD]k^Am

kAmuC@> x?2F8FC2E:@? s2J E9C@F89 |2C49 `g[ 2? 255:E:@?2= a_ A6C46?E @7 E2C:77D 92G6 366? 2AA=:65 E@ 2== r9:?6D6 AC@5F4ED[ ad A6C46?E E@ >@DE r2?25:2? 2?5 |6I:42? AC@5F4ED – 3FE H6C6 DF3D6BF6?E=J A2FD65 E9C@F89 pAC:= a @? &?:E65 $E2E6D\|6I:4@\r2?252 p8C66>6?E\4@>A=:2?E AC@5F4ED – 2?5 ad A6C46?E E@ 2== DE66= 2?5 2=F>:?F> :>A@CED 7C@> 2== 4@F?EC:6D]k^Am

kAmr2?252 2?5 r9:?2 92G6 2=C625J :>A=6>6?E65 C6E2=:2E@CJ E2C:77D :? C6DA@?D6 E@ &]$]\:>A@D65 E2C:77D] %96 tFC@A62? &?:@? 2=D@ C646?E=J 2??@F?465 E92E :E A=2?D E@ :>A@D6 E2C:77D @? &]$] AC@5F4ED :? 62C=J pAC:=]k^Am

kAmkDEC@?8mr2?252 C6E2=:2E@CJ E2C:77D – %C2?496 xk^DEC@?8mk^Am

kAmr2?252 H2D E96 D64@?5\=2C86DE 56DE:?2E:@? :? a_ac 7@C &]$] 28C:4F=EFC2= AC@5F4ED 3J G2=F6] t7764E:G6 |2C49 c[ E96 52E6 2 ad A6C46?E E2C:77 @? 2== r2?25:2? AC@5F4ED – 6I4=F5:?8 6?6C8J[ H9:49 C646:G65 2 `_ A6C46?E E2C:77 – H6?E :?E@ 67764E[ r2?252 :>A@D65 2 ad A6C46?E E2C:77 @? 23@FE Sa` 3:==:@? @7 &]$] AC@5F4ED] |@C6 E92? 2 BF2CE6C @7 E96 C6E2=:2E@CJ E2C:77D 2C6 @? 2 E@E2= @7 Sd]g 3:==:@? @7 &]$] 28C:4F=EFC2= AC@5F4ED[ 244@C5:?8 E@ r2?25:2? EC256\G2=F6 DE2E:DE:4D 7@C a_ac]k^Am

kAm~? 2 G2=F6 32D:D[ D6G6C2= AC@46DD65 7@@5 AC@5F4ED :?4=F5:?8 49@4@=2E6D 2?5 @E96C 4@?764E:@?6CJ AC@5F4ED 2C6 E96 >@DE :>A24E65[ 2=@?8 H:E9 4@7766] p55:E:@?2==J 92C5\9:E &]$] 28C:4F=EFC2= AC@5F4ED :?4=F56 Scad >:==:@? :? H:?6[ Sbeb >:==:@? @7 7C6D9 7CF:E[ Sa`a >:==:@? @7 52:CJ AC@5F4ED[ Sa`` >:==:@? @7 A@F=ECJ 2?5 S`e_ >:==:@? @7 C:46] ~? 2 A6C46?E286 @7 6IA@CED 32D:D[ H2E6C>6=@?D 2C6 2>@?8 E96 >@DE :>A24E65 AC@5F4ED] x? a_ac E96C6 H2D hf A6C46?E @7 @FC 4@F?ECJ’D S``c >:==:@? :? H2E6C>6=@? 6IA@CED D9:AA65 ?@CE9 E@ r2?252]k^Am

kAmr2?252 92D G@H65 E@ 8@ 5@==2C\7@C\5@==2C H:E9 &]$] E2C:77D 2?5 :D 4FCC6?E=J D66<:?8 4@>>6?E @? H9:49 AC@5F4ED D9@F=5 36 :?4=F565 :? 2? 255:E:@?2= C@F?5 @7 E2C:77D @? 23@FE Sgf 3:==:@? H@CE9 @7 &]$] 6IA@CED] xE’D =:<6=J E92E E9:D D64@?5 EC2?496 @7 6IA@CED H:== 4@G6C 2== &]$] 28C:4F=EFC2= 6IA@CED E@ @FC ?@CE96C? ?6:893@C] r2?252 2=D@ 2??@F?465 |2C49 `a 2? 255:E:@?2= D6E @7 E2C:77D @? 23@FE Sa` 3:==:@? @7 &]$] 6IA@CED :? C6DA@?D6 E@ E96 &]$] DE66= 2?5 2=F>:?F> E2C:77D[ 3FE E96 =:DE 5:5 ?@E :?4=F56 2?J 28C:4F=EFC2= AC@5F4ED]k^Am

kAmkDEC@?8mr9:?2 C6E2=:2E@CJ E2C:77Dk^DEC@?8mk^Am

kAmp8C:4F=EFC2= AC@5F4ED 6D42A65 E96 7:CDE C@F?5 @7 r9:?2’D C6E2=:2E@CJ E2C:77D 3FE E96J H6C6 DBF2C6=J E2C86E65 :? E96 D64@?5 C@F?5[ H9:49 H6?E :?E@ 67764E 7@C AC@5F4ED D9:AA65 @FE @7 E96 &]$] 27E6C |2C49 `_ 2?5 E92E 92G6 ?@E 2CC:G65 :? r9:?2 3J pAC:= `a] p? 255:E:@?2= `d A6C46?E E2C:77 H2D 25565 7@C 49:4<6?[ H962E[ 4@C? 2?5 4@EE@?] p `_ A6C46?E E2C:77 H2D A=2465 @? 2 9F86 DH2E9 @7 28C:4F=EFC2= AC@5F4ED :?4=F5:?8 D@C89F>[ D@J362?D[ A@C<[ 3667[ 7CF:ED[ G686E23=6D 2?5 52:CJ AC@5F4ED] r9:?2[ @FC E9:C5\=2C86DE 28C:4F=EFC2=\6IA@CE 56DE:?2E:@? :? a_ac[ A=2465 255:E:@?2= E2C:77D :? E@E2= @? 23@FE Sa` 3:==:@? @7 &]$] AC@5F4ED[ 32D65 @? a_ac 6IA@CE 52E2 3FE ?@E :?4=F5:?8 E2C:77D @? D627@@5 2?5 7@C6DECJ AC@5F4ED]k^Am

kAmu:G6 AC@5F4ED 2C6 :>A24E65 E96 >@DE[ :? E6C>D @7 G2=F6 @7 a_ac 6IA@CED]k^Am

kAm• D@J362?D – S`a]g 3:==:@?k^Am

kAm• 4@EE@? – S`]d 3:==:@?k^Am

kAm• 8C2:? D@C89F> – S`]b 3:==:@?k^Am

kAm• 7C@K6? 3@?6=6DD 3@G:?6 >62E – S` 3:==:@?k^Am

People are also reading…

The PCV2 landscape has changed. Is your protection keeping up?
Cattle producer converts all crop acres to forage production
Freezer on the fritz sends stress level to boiling
Grocery stores bring so much more than food to communities they serve
Start succession conversation with farm legacy goals
Aging farmers and the government want to save farms, but for many the cost is too high
Family celebrates legacy of women farmers
Energy abounds in Auburn FFA Chapter
A veterinarian’s perspective on failed execution of Tennessee woman
Music in our family
Canola harvest wraps up across North Dakota
Barn Boards and Baling Wire
Farmer sentiment worsens from input costs
Pork leader talks national policy, local impact
Harvest progresses as soybean yields meet expectations

kAm• :?\D96== A:DE249:@D – Seaf >:==:@?k^Am

kAmr9:?2 92D 4@>AC:D65 2 BF2CE6C @C >@C6 @7 &]$] 8=@32= 28C:4F=EFC2= 6IA@CED 7@C `_ E2C86E65 AC@5F4ED 5FC:?8 E96 A2DE 7:G6 J62CD]k^Am

kAm• >24252>:2 ?FED – hh A6C46?E[ S`a >:==:@?k^Am

kAm• 7C@K6? DH:?6 42C42DD6D – he A6C46?E[ Sad >:==:@?k^Am

kAm• 8C2:? D@C89F> – gg A6C46?E[ S`]b 3:==:@?k^Am

kAm• 7C@K6? DH:?6 @772= – fd A6C46?E[ Sdhb >:==:@?k^Am

kAm• D@J362?D – db A6C46?E[ S`a]g 3:==:@?k^Am

kAm• 7C@K6? F?3@?65 92>D[ D9@F=56CD 2?5 4FED E96C6@7 – cd A6C46?E[ Sf >:==:@?k^Am

kAm• :?\D96== 92K6=?FED – bg A6C46?E[ Sg >:==:@?k^Am

kAm• 4@EE@?[ ?@E 42C565 @C 4@>365 – ah A6C46?E[ S`]d 3:==:@?k^Am

kAm• 7C@K6? 3@?6=6DD 3@G:?6 >62E – af A6C46?E[ S` 3:==:@?k^Am

kAm• :?\D96== A:DE249:@D – ad A6C46?E[ Seaf >:==:@?k^Am

kAm}@E23=J[ 2=>@DE 2== – hf A6C46?E – @7 E96 E2C86E65 AC@5F4ED H6C6 2=C625J DF3;64E65 E@ C6E2=:2E@CJ E2C:77D @7 dd A6C46?E @C >@C6 52E:?8 324< E@ pAC:= a_`g]k^Am

kAmkDEC@?8mp8C:4F=EFC2= :>A24E F?DFC6k^DEC@?8mk^Am

kAmxE’D E@@ 62C=J E@ >62DFC6 E96 7F== :>A24E @? p>6C:42? 28C:4F=EFC6 @7 E96 C6E2=:2E@CJ E2C:77D 4FCC6?E=J :? A=246[ @C E92E @7 E96 255:E:@?2= C6E2=:2E@CJ E2C:77D E92E 2C6 =:<6=J E@ 36 :>A=6>6?E65 D9@CE=J 3J r2?252 2?5 E96 t&] (6 5@ <?@H[ 9@H6G6C[ E92E E2C:77D – 2?5 DF3D6BF6?E :?4C62D65 4@?DF>6C AC:46D – H:== 46CE2:?=J 564C62D6 56>2?5 7@C &]$] AC@5F4ED :? @FC D64@?5\ 2?5 E9:C5\=2C86DE 28C:4F=EFC2=\6IA@CE >2C<6ED] u2C>6CD 2C6 ?@E 23=6 E@ D6E E96:C @H? AC:46D 2?5 2C6 DF3;64E E@ E96 H9:>D @7 E9@D6 >2C<6ED] p== E96J 42? 5@ :D A=2?E 2 8@@5 4C@A[ E6?5 E@ :E[ AC2J 7@C 8@@5 H62E96C 2?5 9@A6 E@ >2<6 2 AC@7:E 27E6C 92CG6DE]k^Am

kAmkDEC@?8m|6E9@5@=@8J }@E6ik^DEC@?8m %2C:77D 2C6 A=2465 @? AC@5F4ED 32D65 @? w2C>@?:K65 $JDE6> – w$X r@56D] v=@32==J[ w$ r@56D 2C6 92C>@?:K65 2E E96 D:I\5:8:E =6G6=] q@E9 r9:?2 2?5 r2?252 A=2465 E2C:77D @? E96 &?:E65 $E2E6D] 2E E96 6:89E\5:8:E =6G6= 2?5 `_\5:8:E =6G6=[ C6DA64E:G6=J[ H9:49 2C6 F?:BF6 E@ 6249 ?2E:@?] p?2=JD:D @7 r2?252’D E2C:77D H2D 5@?6 FD:?8 r2?25:2?\C6A@CE65 :>A@CED 7C@> E96 &?:E65 $E2E6D 2?5 2? 6I492?86 C2E6 7@C a_ac @7 rpS`]bf A6C &]$] 5@==2C] %96 r2?25:2? w$ r@56D H6C6 >2E4965 E@ &]$]\567:?65 28C:4F=EFC2= 42E68@C:6D 2E E96 D:I\5:8:E =6G6=]k^Am

kAmx>A24E @7 r9:?6D6 E2C:77D H6C6 42=4F=2E65 FD:?8 &]$] r6?DFD qFC62F EC256 52E2 G:2 &$sp vp%$ 2?5 >2E4965 2E E96 D:I\5:8:E =6G6=] u@C 2=>@DE 2== AC@5F4ED[ 2== `_\5:8:E w$ r@56D H6C6 :?4=F565 7@C 6249 D:I\5:8:E 42E68@CJ] p? 6I46AE:@? H2D D@J362?D[ E9@F89 >@DE D@J362?D 6IA@CE65 E@ r9:?2 2C6 F?56C :>A24E65 w]$] 4@56D[ 244@C5:?8 E@ E96 p>6C:42? $@J362? pDD@4:2E:@?] %96 FD6 @7 EC256 52E2 2E E96 D:I\5:8:E =6G6= >2J =625 E@ 2 D=:89E @G6C6DE:>2E:@? @7 E96 :>A24E @7 r9:?2’D C6E2=:2E@CJ E2C:77D @? &]$] AC@5F4ED]k^Am

kAm':D:E k2 9C67lQ9EEAi^^HHH]73]@C8^>2C<6E\:?E6=Q E2C86ElQ03=2?<QmHHH]73]@C8^>2C<6E\:?E6=k^2m 7@C >@C6 :?7@C>2E:@?]k^Am