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Trade War Hits America’s Heartland
Farmers “Live And Die By Trade” As They Take “The Brunt Of The Retaliation”


(Source: Politico, The Wall Street Journal, Iowa Public Radio, The Wall Street Journal)

Economists Warn That Tariffs Will Increase Prices & Incentivize Production Outside The U.S.:

Nebraska Farmer & Agricultural Economist Brent Gloy: “At The End Of The Day, These Tariffs Will Increase Prices For U.S. Soybeans In China, And Incentivize Production In South America.” (Catherine Boudreau, “U.S. Farmers Hit Hard By Chinese Tariffs,” Politico, 7/6/18)

Agri-Mark Economist Catherine De Ronde: “Farmers Have Been In The Red For Three Or Four Years.  This Is The Last Thing We Need.” (Heather Haddon, “Take Our Cheese, Please: American Cheese Makers Suffer Under New Tariffs,” The Wall Street Journal, 7/5/18)

Farmers Business Network Chief Economist Kevin McNew: “I Think The Long-Term Implications Are Pretty Concerning.  We’re Already Starting To See The Effects In Brazil.  Farmers There Are Already Thinking About Planting For Their Next Season’s Crop, Which They’ll Plant In August And September.” (Amy Mayer, “Chinese Tariffs On US Soybeans All But Inevitable As Deadline Nears,” Iowa Public Radio, 7/5/18)

Purdue Economist Michael Langemeier: “This Will Stimulate More Soybeans Acres In Other Nations And Reduce Soybean Acres In The U.S.  I Think The Era Of Soybeans Being More Profitable Than Corn In The U.S. Is Over.” (Gary Pruitt, “What Impact Will The Tariffs Have,” Hoosier Ag Today, 7/5/18)

American Farm Bureau Federation Trade Specialist Dave Salmonsen: “[Salmonsen’s Advice For Farmers:] Watch This Closely.  Make Sure That Other People, We Always Say Your Congressmen And Senators, When You Have The Chance, Know What The Current Effects Are If You’re Being Affected, Or What Potential Effects Are Going To Be Down The Road On You.” (Gary Pruitt, “What Impact Will The Tariffs Have,” Hoosier Ag Today, 7/5/18)

Farmers Continue To Underscore That Agriculture Is Hit Hardest By Retaliatory Measures:

Missouri Farmer Casey Guernsey: “Rural Communities Are Dependent On Agriculture.  It’s Their Life Blood.” (Kellie Ell, “US Farmers Could Take A Significant Hit From Trump’s Tariffs,” CNBC, 7/5/18)

Soybean Farmer Brent Bible: “For Soybean Producers Like Me, This Is A Direct Financial Hit.  This Is Money Out Of My Pocket.  These Tariffs Could Mean The Difference Between A Profit And A Loss For An Entire Year’s Worth Of Work Out In The Field, And That’s Only In The Near Term.  Over The Long Haul, Soybean Producers Are Deeply Concerned That China Will Continue To Substitute American Soy With Soy From Our Global Competitors.” (Gary Pruitt, “What Impact Will The Tariffs Have,” Hoosier Ag Today, 7/5/18)

North Carolina Farm Bureau President Larry Wooten: “Probably What’s Most Problematic About The Tariffs Is That, Why Should Agriculture Have To Be At The Point Of The Spear And Take All The Retaliation For Other Industries When The Administration Was Going After Aluminum And Steel?  Agriculture Always, Always Gets The Brunt Of The Retaliation.” (“NC Farmers Caught In Crossfire Of Escalating Trade War,” WRAL, 7/5/18)

North Carolina State Agriculture Commissioner Steve Troxler: “It Looks Like Every Trade War That We’ve Ever Been Involved In.  Agriculture In The United States Becomes A Target, I Guess, Because It’s So Big.  Everybody Eats, So If You Want To Hit Somebody In The Belly, So To Speak, Go For Agriculture.” (“NC Farmers Caught In Crossfire Of Escalating Trade War,” WRAL, 7/5/18)

Iowa Soybean Association Member Morey Hill: “If China Does Pull Out, What Would You Do With All These Soybeans?  That’s Probably The Million-Dollar Question.” (Leah Thompson, “China Tariffs Could Deliver Punishing Blow To Iowa Farmers,” KCCI, 7/5/18)

Missouri Soybean Farmer C. Brooks Hurst: “When You’ve Lost 15 Percent Off Your Price, You Gotta Understand, That’s Like, All Of Our Profit.  So All Of Us Have Gone From Maybe A Small Profit In That Field Of Soybeans We Planted To Now Just Basically Hoping To Break Even. So, It’s Serious.” (Melody Walker, “Missouri Soybean Farmers Fear The Worst If Chinese Tariffs Go Into Effect,” KBIA, 7/2/18)

Arkansas Farmer Rusty Smith: “We Live And Die By Trade.” (Jesse Newman, “Trade Fight Threatens Farm Belt Businesses,” The Wall Street Journal, 7/2/18)

Maschhoff Family Foods Chairman Ken Maschhoff: “[The Farm Industry Has Been] Asked To Be Good Patriots.  We Have Been.  But I Don’t Want To Be The Patriot Who Dies At The End Of The War.  If We Go Out Of Business, It’s Tough To Look At My Kids And The 550 Farm Families That Look Us Into The Eye And Our 1,400 Employees.” (Jeff Daniels, “‘We Are The Casualty’: US Pig Farmers Brace For Second Round Of Pork Tariffs From China, Mexico,” CNBC, 7/4/18)

U.S. Meat Export Federation Spokesperson Joe Schuele: “We Might Have Been Better Able To Weather The Tariff Rate Increase (Back In 2016) Than We Can Now.  You’ve Got A Lot Of Suppliers – The European Union, Canada, Brazil, And The U.S. – Competing For A Tighter Space.” (Jeff Daniels, “‘We Are The Casualty’: US Pig Farmers Brace For Second Round Of Pork Tariffs From China, Mexico,” CNBC, 7/4/18)

National Pork Producers Council President Jim Heimerl: “We Are Taking The Brunt Of This As An Industry.  Right Now, We Are Expecting To Take A $2.2 Billion Hit.” (Zach Tuggle, “Potential Tariffs Could Be Costly To North Central Ohio Farmers,” Mansfield News-Journal, 7/3/18)

Dairy Farmer Doug Rebout: “You’re Going To See A Lot Of Farmers Have To Sell Out And Get Out Of Farming.” (“Tariffs Affect Some Wisconsin Farmers,” WKOW, 7/2/18)

Wisconsin Farm Bureau Federation President James Holte: “As Agriculture Struggles, So Will The Entire Economy And It Will Change How We Are Able To Provide Food In The Future.” (“Tariffs Affect Some Wisconsin Farmers,” WKOW, 7/2/18)

National Pork Producers Council Spokesperson Jim Monroe: “The Longer These Trade Disputes Go On, And The Cloud Of Uncertainty Remains Over The Industry, It’s Going To Have Real Negative Financial Consequences For U.S. Pork Producers.  It’s A Shame, Because We Support So Many Jobs, And When We Can Compete On A Level Playing Field Around The World We Do Extremely Well.” (Jeff Daniels, “‘We Are The Casualty’: US Pig Farmers Brace For Second Round Of Pork Tariffs From China, Mexico,” CNBC, 7/4/18)

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