In agriculture, it seems the question asked every couple of mornings has become, “Now what?” It seems like we are constantly hearing about more tariff threats. This seems to be the new daily norm for Iowa producers.
Wednesday morning the news came that China had finalized another list of tariffs in an escalating trade war. The list seems to have Ag in the crosshairs. The list includes, most notably, corn and soybeans. Beef is also on the short list.
Iowa Cattlemen’s Association government relations manager, JanLee Rowlett says it is discouraging news for Iowa beef producers. International trade adds $280 to each head of cattle raised in Iowa and across the country.
Rowlett says the objective of this “trade war” was supposed to help the manufacturing sector, and agriculture has gotten caught in the middle because China is hitting back where it hurts.
Rowlett also says the trade war has become a double-edged sword for many Iowa cattle producers, who are also row crop farmers.
Rowlett encourages all Ag producers to make their voices heard to the Trump Administration.
Because in the end, we are all in this together.