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Trade pressures lift costs for farmers amid tariff uncertainty
The farm sector faces higher input prices and rising borrowing costs as the United States and China pause tariffs. Crop profits shrink while cattle do better, with Westhoff noting policy risk and a fragile truce looming. Farmers worry about funding and supply gaps as loan costs peak and fertilizer diesel prices climb.
MENTIONED IN THIS ARTICLE
Hemmes
Patrick Westhoff
Food and Agricultural Policy Research Institute
FAPRI
University of Missouri
Westhoff
Farmdoc
University of Illinois’ Department of Agriculture and Consumer Economics
Federal Reserve
Jerome Powell
Central Bank
White House
Hart
U.S
China
Mexico
Canada
Purdue University
CME Group
Financial Times
Robert Armstrong
TACO
Trump
USMCA
European Union