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Farmers evaluate Trump’s first year in office

Farmers evaluate Trump’s first year in office

Producers are concerned about the President’s stance on trade agreements

By Diego Flammini
News Reporter
Farms.com

Jan. 20 marks a full calendar year since Donald Trump was officially sworn in as the 45th President of the United States.

After his victory, political analysts pointed to rural America’s support as one of the key factors leading to Trump’s presidency.

One year later, do farmers feel like the President is reciprocating this support?

“In some ways he is and in other ways he isn’t,” Karl Wedemeyer, a dairy farmer from Ohio’s Marion County, told Farms.com today. “The tax bill is going to be very beneficial to many farmers around the country. But he still scares me on trade and threatening to leave NAFTA, which would be very detrimental for all of U.S. agriculture.

“And he wants to (tighten) immigration, but we need immigrant labor to do ag jobs. Especially in the dairy industry, we need year-round labor.”

The United States exported more than $129 billion worth of ag goods in 2016, according to the USDA. That includes $25.4 billion worth of soybeans and related products.

Canada imported more than $20 billion of U.S. ag goods in 2016 and Mexico imported $17.7 billion worth of ag commodities.

And farmers are concerned that the President’s decisions surrounding trade agreements like NAFTA could hurt the industry.

“Trade is the key thing for us to move our products,” Brad Kremer, president of the Wisconsin Soybean Association, told Farms.com today. “The dollar is strong but commodities are struggling. We need to make sure we have proper market access for our products.”


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USDA August crop reports could surprise next week.
It was plenty wet for the U.S. Midwest from May – July with Iowa receiving 200% of normal precip in July so is too much rain too much of a good thing?
Another Derecho hit Eastern Montana, ND and Western Minnesota this week.
Trump and Putin are expected top meet but an end to the Ukraine/Russian war could increase production/competition long-term.
Did corn futures hit a bottom yet and when will the funds stop ignoring the strong corn demand?
OPEC decide to unwind all of the production cut from 2-years ago and are now contemplating whether to unwind the 1.6-million-barrel member voluntary cut.