ICYMI: Farmers Back President Trump’s Tariffs

Whitehouse.gov ^ | May 7, 2025 | The Whitehouse

[SoConPubbie]

American farmers are behind President Donald J. Trump and his relentless push to restore fairness in global trade and secure new markets for homegrown producers.

According to the latest Purdue University-CME Group Ag Economy Barometer:

• 70% of farmers expect the President Trump’s tariffs to strengthen the agricultural economy in the long-term.

• Farmer sentiment improved in April, marked by rises in current and future expectations.

• The Farm Capital Investment Index rose to its highest reading since May 2021.
  • “This month, one out of four respondents said it was a good time to make large investments, nearly double the percentage of respondents who said it was a good time to invest when surveyed from May through October of last year.”

• The Farm Financial Performance Index “marked the fourth month in a row that the index was above 100, indicating that producers expect financial performance this year to equal or slightly exceed the year-ago level.”

[griswold3]

Feeder calves (500#) are over $3/lb 🤦‍♂️

[Karl Spooner]

Not just terroriffs but BRICS nations are asserting themselves taking our farm exports away. This will either give the US an attitude adjustment or even more wars. Understanding what the US has become a little better over the last 20+ years it will probably be more war and forceful coercion like sanctions and seizure of assets. The world is understanding this now and would like to avoid us as much as possible, hence, that is were the phrase "Delete America" comes from.

U.S. agriculture isn’t nearing a trade war tariff crisis, it’s in a ‘full-blown crisis already,’ farmers say