Can Trump Tariff Strategy Lead to Lower Interest Rate?

Tariffs continue to be a focal point of discussion with ongoing speculation about potential strategies that could lead to lower interest rates. Crossroads. Coop regional manager and commodities market analyst Brian Irey, shares his insights on the issue.

“Do you have about a 10 million bushel or 10 million acre disparity between corn and soybeans. I think that with the soybean market slipping again here, with ideal weather in Argentina and poor exports out of the US, that it is going to be hard to support US futures, and you probably do see a shift in acres from corn to soybeans. I always get a little apprehensive about that number being huge, just from the angle that I think in a lot of cases, rotations get get planned out and with chemical and fertilizer applications, it's hard to shift a lot more acres. I think it's usually a finite amount, but I think those numbers right there at 84 and 93.5 to 94 on corn- pretty comfortable today.”

Irey says he is not an economic expert, but he says he understands the administration's strategy. He knows that the Federal Reserve has been slow to lower interest rates, which he believes is hindering business success with today's line on agriculture report. I'm Lorrie Boyer.