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| I honestly don't think any of it matters anymore. As others have said, Biden kept the tariffs from the first term in place. More than likely the next administration will be democrat and they'll either not bother to remove them or completely forget about them and move in to another economic shiny object, my guess is undoing parts of the big beautiful bill.
As far as the the 3s and 8s with corn and beans, they'll still be around, but i don't think theyll be average price. Look at where soybeans are at now. Will they be the low range of trade, yeah probably. But at best i think 4 and 9.50-10 are gonna be more common. Only way we get higher at this point is A) another war (which may be the easiest honestly), or B) production problems here or in South America. And at this point, i think we can rule out drought/dryness being much of a market factor unless we have pineapple corn before the 4th of July. | |
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Tariff Debacle
