Author: staff

This story was updated at 5:30 p.m. EDT. By Ashley Murray WASHINGTON — President Donald Trump rolled out sweeping “reciprocal” tariffs Wednesday on trading partners and allies across the globe. The president unveiled a baseline 10% levy on all international imports, plus what he described as additional “kind” and “discounted” tariff rates that will increase but not match the rates other countries apply to American imports. The levies, effective at midnight, will hit U.S. industries from agriculture to manufacturing to fashion. According to a table distributed at Trump’s speech, U.S. tariffs will reach 34% on imports from China, 46% on products from…

CNH Industrial’s decision to temporarily halt farm equipment shipments from North American and European factories has put a spotlight on uncertainties surrounding global trade policies and the political maneuvering of tariff threats. The move, which the company directly links to the planned tariffs instigated by the Trump Administration, signals potential disruptions in the farm equipment supply chain at a time when the industry is already grappling with economic pressures. The statement from CNH said:  “We are stopping shipments from North America plants and European imports effective today. This is a temporary move until we assess the full impact of planned…

U.S. Customs and Border Protection Agriculture Specialists in El Paso, Texas, faced an unexpected challenge this week — 242 pounds of smuggled bologna. And, yes, that’s a whole lot of bologna to deal with. The drama unfolded around 2 a.m. when authorities say a 52-year-old U.S. citizen from Albuquerque, New Mexico, rolled up to the inspection lanes. After he claimed he had nothing to declare (fruits, vegetables, or meat products), he was sent for a secondary inspection. Enter CBP Agriculture Canine “Harlee,” who sniffed out trouble in the rear cargo area of the vehicle. And what did they find? Officials…

In 1955, William Hewitt had a new job as president of Deere & Company. His passion for farm machinery and his desire to grow the green line internationally had him casting an eye to the rich European market. Deere would have to play catch-up to the likes of Ford, International Harvester, and Massey-Ferguson, who had all established solid reputations in Europe. What the company needed, Hewitt believed, was an established manufacturer in Europe with a well- known name. Outside of the three companies mentioned previously, the most recognized name in horsepower on that continent was Lanz. Besides making a line…

Mexican President Claudia Sheinbaum says that Mexico will not retaliate with tariffs against the United States, as President Donald Trump prepares to announce sweeping new trade measures. Sheinbaum stated that Mexico will unveil a broader economic strategy aimed at strengthening the country’s position no matter what happens. Speaking at her daily morning news conference, Sheinbaum reaffirmed Mexico’s commitment to continental free trade and emphasized her focus on stability and cooperation. “Let’s see what announcement they make, but we have a plan to strengthen the economy under any circumstance,” she said. Sheinbaum’s strategy contrasts with the more confrontational approaches taken by…

By Karl Plume CHICAGO, April 1 (Reuters) – U.S. President Donald Trump is expected on Wednesday to announce 20% tariffs on most goods imported to the U.S. after previously slapping steep duties on autos, steel and aluminum, and on goods from China, Mexico, and Canada. The moves have triggered retaliation and threats of further countermeasures by the top importers of U.S. farm products, and prompted wild swings in commodities markets. U.S. consumers could see prices rise for food, from meat and dairy products to avocados and fresh fruits and vegetables, as a result of tariffs, economists have said. Retaliation from China, Canada, and Mexico would hurt the $191 billion…

ALMERÍA, Andalusia, Spain — Across 60 miles of coastline, one region produces more vegetables with greenhouses than any other climate in the world. On a map, 30,000 hectares appear as a vast white expanse under the Spanish sun, with roads dividing the plots of land per farmer. On the ground, a maze of greenhouses, logistics hubs, and workers on scooters supply almost 24 percent of Europe’s vegetables. In the arid, subtropical climate of Almería, a city in southern Andalusia, Spain, this intensive growing region operates nearly year-round without the need for heated greenhouses or advanced technology. The coastline is known…

Ahead of 9 a.m. CT, May corn was down 5¼¢ at $4.56½ per bushel. May soybeans were down 7½¢ at $10.26¾ per bushel. May wheat contracts were mixed. CBOT wheat was down 1¼¢ at $5.39¼ per bushel. KC wheat was up 6¢ at $5.71¼. Minneapolis wheat was up less than a penny at $5.94¼. “Today is being called ‘Liberation Day,’ as the U.S. is set to impose reciprocal tariffs on trade partners with existing tariffs on American goods,” said Cole Raisbeck, commodities broker at Kluis Commodity Advisors. “President Trump is scheduled to address the nation from the White House’s rose…

Alan States runs a mixed fleet. There’s automatic technology on his Case IH 7250 combine he can’t find anywhere else, and his Fendt Momentum planter handles the terraces without skipping rows.  Whether it’s personal preference or simply iron availability, chances are, you’re also running a mixed fleet. With so many farm management information systems (FMIS) available, keeping track of your fleet during the season and data management at the end of the year can become a headache.  Since returning home from the Vietnam War in 1972, States has grown his mostly one-man operation in Logan, Kansas, to 10,000 acres. He’s…

Take look at these three farmland transactions that transpired in December 2024 and January 2025. 161.62 acres in Sioux County, Iowa Date: Dec. 12, 2024 Price: $21,800 per acre Corn Suitability Rating Index (CSR2): 94.7 A highly productive 161.62-acre farm in northwest Iowa was sold through an online-only auction, closing at an impressive $21,800 per acre. The final sale price totaled $3,523,316. The auction saw strong interest due to its prime location and exceptional soil productivity. Featuring 156.94 acres of quality cropland, the property was well suited for investors and farm operators. The level to gently rolling land had been…