With new tariffs on imports from Canada, Mexico, and China, the ag industry is bracing for another financial hit. From equipment to replacement parts, rising costs will leave farmers with fewer affordable options, such as with often-used farm equipment like sprayers, according to Arthur Erickson, CEO of Hylio, a precision ag drone company.
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Tariffs indirectly affecting ag drone company due to components from Asia
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Demand for agricultural drones made in the U.S, particularly those that apply herbicide and fertilizer, is rising as farmers look for more cost-effective solutions amidst rising costs, according to Hylio.
A Hylio ag sprayer ag drone is prepared to spray a patch of weeds.
