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Farm Goods: Chad Hart and Ag Right

farm goods: No matter where you look in ag right now, you see storm clouds on the horizon and some of those are a lot closer overhead than we'd care for, said Chad Hart, an agricultural economist with Iowa State University, according to CTV. Trump's tariff threats earlier this year against China, Mexico, Canada and European Union elicited quick retaliatory measures that depressed the prices of certain U.S. agricultural products, including corn, soybeans, pork. The threat of counter-tariffs on U.S. farm goods and the impact of President Donald Trump's other policies on immigration and biofuels, though, have some farmers more worried than ever about their ability to continue eking out an existence in agriculture. When 34 billion worth of tariffs against China took effect July 6 and China responded with tariffs of its own, U.S. farmers were already feeling the squeeze from lower crop prices, higher land prices and other factors. That projection is likely high, given what's transpired since. The Department of Agriculture predicted before the threat of tariffs and counter-tariffs that U.S. farm income would drop this year to 60 billion, or half the 120 billion of five years ago. (www.immigrantscanada.com). As reported in the news.