The dairy industry has been on the sideline for most of this weeks discussion over tariffs, but is that changing.
With the Trump administration’s latest announcement of $100 Billion in new tariff targets against China – how will they fight back? Mike North, Commodity Specialist with Commodity Risk Management Group in Platteville believes China is running out of options on what they can add to their tariff list! That’s why he says the market is cautiously watching to see if dairy elements start getting included. North is also quick to point out that this is also about relationships. If China gets hurt in one agricultural area, you can’t expect another agricultural area to open their arms to the U.S.
North was a guest on this morning’s WI Farm Report Radio Network show. Listen in.