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Tariffs Put U.S. Farmers in Jeopardy

North Dakota farmer Kevin Skunes, president of the National Corn Growers Association (NCGA), made the following statement after the White House announced plans to impose tariffs on steel and aluminum imports from the European Union, Canada and Mexico, triggering potential retaliatory actions against American agriculture.
 
“Farmers are busy with planting season but are moving forward without knowing who will buy their crop when it’s harvested later this year. With a 52 percent drop in net farm income over the last five years, and depressed commodity prices, this is not the time to face such a burden. This uncertainty impacts every step of the agriculture economy, from securing financing to marketing.
 
“Imposing tariffs has the potential to undermine positive relationships with our closest allies and erode long-standing market access. NCGA urges policymakers to strengthen cooperation with our trading partners and stay at the negotiating table.”
 

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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.