Trade showdown

USDA report to show the impact of wet weather and trade tensions on farmers

Mitchell Hartman Jun 11, 2019
HTML EMBED:
COPY
Floodwater from the Mississippi River covers a farmer's field on May 30, 2019 in Ste. Genevieve, Missouri. Scott Olson/Getty Images
Trade showdown

USDA report to show the impact of wet weather and trade tensions on farmers

Mitchell Hartman Jun 11, 2019
Floodwater from the Mississippi River covers a farmer's field on May 30, 2019 in Ste. Genevieve, Missouri. Scott Olson/Getty Images
HTML EMBED:
COPY

A combination of weather woes and trade tensions have hit farmers hard this planting season, and a report to be released on Tuesday will give economists a sense of just how hard it has been. The Department of Agriculture’s monthly World Agricultural Supply and Demand Report is expected to show the effects of floods and wet conditions on yield and pricing for crops ranging from soybeans to apples. The report is also expected to reflect the impact of trade tensions, as certain crops have been subjected to retaliatory tariffs from countries like China and Mexico.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.  

Need some Econ 101?

Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.