Source: AG ECONOMISTS, 7/2/18


Ongoing trade disputes have put a damper on commodity markets and have again strained farm budgets.  Against this backdrop, the Secretary of Agriculture has been consistently telling farmers that USDA is prepared to support them as the trade dispute plays out (for example, 1, 2, 3).  While these plans have been kept a secret – apparently to prevent other countries from knowing the details – angst has begun to brew about what might be in store as the Chinese prepare to implement a 25% tariff on soybeans imported from the U.S.

For more of this story, click here.