Nebraska Farm and Ranch Losses From Retaliatory Tariffs 2019 Estimate of $1 Billion

Retaliatory tariffs imposed on U.S. agricultural exports will cost Nebraska farmers and ranchers $943 million in lost revenues in 2019. That’s the conclusion of an analysis conducted by the Nebraska Farm Bureau senior economist Jay Rempe as a way to provide an assessment of losses independent of the Market Facilitation Program (MFP) assistance available to farmers. Read the complete Drovers article: Trade War Will Cost Nebraska Farmers Nearly $1 Billion