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Grassley says modern economy better able to handle tariffs, wary of uncertainty

Grassley says modern economy better able to handle tariffs, wary of uncertainty

United States Senator Chuck Grassley (R-IA) says that the modern economy is better suited to handle the current trade war but is still wary of the uncertainty brought on by ever changing tariffs. He says the economy today is better able to handle tariff shocks than the U.S. economy of the early 20th century. Senator Grassley is consistently vocal in calling himself a “free trader” but has softened his stance from earlier in the spring when tariffs were first announced by President Trump. The...

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Wheat in the driver?s seat in grain trade

Wheat in the driver?s seat in grain trade

Many times, all it takes is one commodity to have an influence, that causes them to fly in one direction or another and take everybody along for the ride. Even though it is a sleeper commodity in Iowa, wheat is the one that is doing it today. We have gotten news that...

U.S. Export Sales Report (5-12-22)

This week?s report was very bearish. The value of the U.S. dollar is still climbing, so analysts were hoping to see some better sales. Allendale commodity broker Greg McBride said there were marketing year lows for wheat, corn, beans, and cotton.McBride added that...

NPB helps state associations fund local projects

NPB helps state associations fund local projects

The National Pork Board uses checkoff investments to help fund state associations fund local projects. This is all intended to help local farmers with any needs they have. This can take on a variety of shapes and forms.Cheryl Day is the Executive Vice President of the...

Trade Promotion Authority key to future deals

Trade Promotion Authority key to future deals

U.S. agriculture depends on trade and is always looking to expand opportunities for overseas business. According to two former Trump Administration officials, until we can bring back Trade Promotion Authority, we are going to be at a standstill.Gregg Doud is vice...

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