Supply Chain
Ocean shipping transports about 80% of global trade — from coal and corn to bananas and cement. The revisions tackle major concerns from the global maritime industry that feared virtually every cargo carrier could face steep, stacking fees.
President Trump’s new tariffs on imports from Canada, Mexico and China have gone into effect. While the economic consequences are unknown, Secretary of Agriculture Brooke Rollins has promised to have a plan ready for farmers, if needed.
China retaliated swiftly on Tuesday with 10% to 15% retaliatory levies impacting $21 billion worth of U.S. agricultural and food products, moving the world’s top two economies a step closer toward an all-out trade war.
In celebration of National Ag Day and National Ag Week, the 2023 Feeding the Economy report shows just how vital the industry is to U.S. families, communities and the world.
In early 2022, a possible trucker shortage grabbed headlines, but John Phipps says even today, there isn’t much hard data to substantiate that alarm.
The National Farm Machinery Show revealed one major theme: the supply chain is still posing major problems for ag equipment manufacturers, an issue that’s improving, but could still last the remainder of this year.
Supply chain challenges consistently hit ag in 2022. While 2023 shows improvement with fertilizer availability, National Farm Machinery Show revealed the ag equipment sector is still fragile to supply problems.