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Story perspectives

Wheat Farmers Fear Tariffs and Market Instability

8/23/2025

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Story summary
  • U.S. wheat farmers are worried about foreign sales due to President Trump's tariffs and potential retaliation from Southeast Asian countries.
  • The administration may provide relief aid, but farmers are concerned about increasing costs and market instability.
  • Local wheat prices remain below break-even despite a good harvest, with inflation raising equipment costs.
  • Farmers are increasingly frustrated with trade policy uncertainty, hindering future planning.