Uptick in dollar, changes to trade policies could pinch agriculture
Story Date: 12/14/2016

 

Source: SOUTHEAST FARM PRESS, 12/12/16


Already feeling the pressure of drought, last year’s historic flood and low commodity prices, South Carolina’s No. 1 industry could be pinched by an uptick in the value of the U.S. dollar, Clemson University agricultural economists said. The value of the U.S. dollar against other currencies hit a 13-year high in mid-November, making U.S. goods more expensive abroad. Changes to federal trade policies and tariffs — particularly with China…

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