Tariffs Could Cost Nebraska Ag Producers $943 Million in Revenues

TheKearney Hubreports ongoing retaliatory tariffs on U.S. agriculture exports could cost Nebraska producers $943 million in revenues in 2019, according to a new Nebraska Farm Bureau analysis released Sept. 3. The estimates incorporate the loss of foreign markets for Nebraska-produced soybeans, corn, pork, sorghum, wheat, alfalfa, dairy products and dried beans.

That’s in addition to the 2018 losses of $695 million to $1.026 billion in farm level income estimated in a previous Nebraska Farm Bureau analysis released last December.Click herefor the full story.