Tariffs Hurt the Heartland teamed up with farmers, business owners and U.S. Senators to back legislation that would remove the President’s tariff authority.
Delaware Farm Bureau President Richard Wilkins grows crops and livestock, and says on top of farm income dropping 50%, tariffs have dropped soybean values 20% He says, “It’s not just impacting that one commodity, soybeans. It’s not just impacting cherries. It’s not just impacting whiskey. It’s impacting everything in the agricultural economy.”
And, Wilkins says Chinese producers are starting to get protein from other sources, so demand for soybean meal might not fully recover.