The Justice Department has opened an investigation into possible collusion among the big meatpackers. The effort may mollify ranchers, but it’s unclear how far it will go.
China stopped buying soybeans from America in May, placing a retaliatory tariff on the bumper crop after President Trump increased levies on goods from China.
Saturday’s star-studded concert will air on TV for the first time in years as the hotline for farmers gets more calls about a mix of complicated problems.
The tractor maker said that sales were down and that higher metal tariffs would cost it $600 million, while American farmers face dwindling overseas demand for some crops.
The latest round of tariffs is likely to make agricultural production even more expensive and, potentially, limit access to goods not produced in the United States.