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New data from the Association of Equipment Manufacturers says U.S. sales of tractors and combines continued to decline in February 2025, in contrast to last year. U.S. sales of agricultural tractors declined 17.7% in February, while U.S. sales of combines fell by 48%...

All cattle and calves in the U.S. and Canada combined totaled 97.6 million head on January 1st.  That’s down 1% from the 98.2 million head reported one year ago.   All cows and heifers that have calved inventory was 41.6 million head, down...

Grocery stores and gas pumps are important inflation indicators.  While inflationary concerns have been persistent in recent years, the back and forth regarding tariffs on Canada and Mexico, as well as the tariffs on Chinese goods, have prompted additional concerns about prices.   ...

China recently responded to the U.S. increasing tariffs by increasing retaliating against American imports, and now, Bejing has turned its attention to Canada.  China implemented tariffs on more than $2.6 billion worth of agricultural and food products from Canada.  Accordi...

It doesn’t take much movement in the milk markets to shake up the dairy economy.  Sarah Dorland, dairy economist with Seattle-based Ceres Dairy Risk Management, said a slight shift in the supply of dairy can move the markets in one direction or the other.   "...

Late Thursday, President Trump reversed course and postponed 25% tariffs on Mexican and Canadian goods amid widespread concerns about the impact a broader trade war will have on the U.S. economy.  The Associated Press said the announcement was made shortly after Commerce Secretary Howard Lutnick had said tariffs on both Canada and Mexico would likely be delayed.  Th...

Earlier this week, Oregon Senator Ron Wyden took to the Senate floor to call for passage of the Protecting Americans from Tax Hikes on Imported Goods Act.   Wyden said the legislation clarifies that that the President’s emergency powers can’t be used levy tariffs.   “Donald Trump cal...

Tuesday, March 4, tariffs on Mexican and Canadian imports went into effect.  At the same time, the tariff on Chinese imports doubled. Dave Salmonsen, senior director of government affairs with the American Farm Bureau Federation, said these tariffs now cover a significant portion of American agricultural export.  ...

For the past couple of weeks, oil prices have held fairly steady at an elevated level, thanks to a variety of variables.  Patrick DeHaan with GasBuddy.com said one of the biggest issues on the minds of investors right now, is the 25% tariffs against Mexico and Canada that kicked in Tuesday.   “...

The Washington Council on International Trade is another group expressing its displeasure at the Trump Administration calling for tariffs, whether that’s against China or long-time allies like Canada and Mexico.  President Trump and his supporters say tariffs are a good thing, for which consumers don’t pay.  Lori Otto Punk, Pre...