Tariffs
Tariffs, also known as taxes on imported goods, are a tool used by President Donald Trump as part of his overall economic vision. As U.S. agriculture navigates tariffs and their implications on trade, commodity prices, input costs and more, ag economists and farmers remain divided on the effectiveness of tariffs and what the changes mean for the broader economy and livelihoods.
In a candid conversation with Farm Journal, USDA Deputy Secretary Stephen Vaden says USDA’s message to fertilizer companies is simple: “Be part of the solution, don’t be part of the problem.”
As the Iran war drives fertilizer prices up 40%, the Trump administration is warning against price gouging. A new survey shows only 60% of corn farmers have secured their nitrogen needs for 2026.
As the five-year sunset review begins, corn growers are urging regulators to scrap phosphate duties they say have restricted supply and cost U.S. agriculture $1 billion each year.
Fertilizer prices were already elevated, but they’re now surging just weeks before spring planting. What can be done to ease costs in the short term as well as fix the problem for good?
Ahead of the 2026 USMCA review, President Donald Trump is considering replacing the trilateral pact with separate deals for Canada and Mexico, a shift that could reshape North American agricultural trade.
In a major decision, the Supreme Court rules President Trump exceeded his authority by imposing tariffs using national emergency laws.
Beyond China’s political goodwill purchases and Brazil’s soybean showdown, the U.S. is eyeing a 30% surge in domestic processing. To stay resilient, farmers are advised to focus on profit margins rather than volume.
During his trip to Clive, Iowa, Trump reaffirms support for year-round E15, backing corn growers and ethanol, while announcing John Deere’s expansion of two new domestic production and distribution facilities.
Domestic importers and farmers ‘bore the tariff burden substantially, says new research from North Dakota State University.
The court issued more rulings Wednesday but did not act in the tariffs case, which was argued on Nov. 5.
Rice at $132.89 and cotton at $117.35 will receive the highest per-acre rates, but some have called payments a bandage in the midst of current farm economic crisis.
As he finishes up his term as American Soybean Association president, the Kentucky farmer’s key takeaway from his time in the spotlight is the importance of farmers banding together to influence policy.
At a White House roundtable with farmers, a rice producer’s candid message stole the spotlight. Meet Meryl Kennedy, the rice producer who had a powerful message for President Trump last week.
USDA will deliver $11 billion in one-time bridge payments to help farmers offset 2025 trade disruptions and rising costs. Eligible producers must verify 2025 acreage reports by Dec. 19, with payments expected by Feb. 28, 2026.
Treasury Secretary Scott Bessent says China is making progress on its commitment to buy U.S. soybeans, hitting the “correct cadence,” with purchases expected to wrap by February 2026 — underscoring ongoing trade commitments and support for farmers.
China’s pledge to buy 12 MMT of U.S. soybeans is facing questions over timing, storage capacity and price competitiveness, leaving markets uncertain whether the full promise can be met before year-end.
Ag products not grown or produced enough in the U.S.—including coffee, fruit and some fertilizers—are being removed from Trump’s reciprocal tariff list. The move also lifts tariffs on one major ag import: beef.
As fertilizer prices and demand hold firm this fall, Josh Linville with Stone X Group warns prices could climb higher if reported government aid payments arrive this year.
The White House says China will buy 12 MMT of U.S. soybeans in late 2025 and 25 MMT annually through 2028, plus resume U.S. sorghum and hardwood log imports, clearing confusion over comments from Secretary Bessent.
Strong production numbers and government policies support the thesis of higher costs for longer.
In 2024, the U.S. exported nearly 27 million metric tons of soybeans to China.
As the two countries battle over trade tariffs, China reportedly buys three cargoes of U.S. soybeans, its first purchase in months.
Some analysts believe a deal with Beijing will happen this week because of a potential gap in availability of the oilseed that’s likely to occur between the time the U.S. bean harvest ends and the Brazil harvest begins.
Beijing’s refusal to buy American and its pivot to Brazil could be less about economics and more to do with politics. “It’s a calculated decision about control and national leverage, not about getting the cheapest beans,” says one ag economist.
On Wednesday, Secretary Rollins announced a plan for American ranchers and consumers as Trump posted comments on social media regarding tariff impact on beef prices.
The senior senator from Iowa says the president ‘has to’ get an agreement made that will enable trade between China and the U.S. to resume.
The Farm Journal September Ag Economists’ Monthly Monitor makes it clear: Working capital is thinning, export markets are shaky and long-term crop margins could get ugly. But for now, one thing is still keeping its strength: Americans’ appetite for beef.
With most input prices still record or near-record high, farmers in parts of the country have seen eroding balance sheets for four straight years. Now the concern is more farmers will be forced out of farming this year, unless they see some type of market or government intervention.