Tariff Impacts on Iowa Agriculture Apr. 4, 2018 Chad Hart Associate Professor/Crop Marketing Specialist chart@iastate.edu 515-294-9911 1 1

Tariff Effects Source: Austin Donisan, CC BY 3.0, https://commons.wikimedia.org/w/index.php?curid=6868997

Iowa’s Economy

Iowa’s state export rankings, 2017 # 2 Soybeans $3.058 billion # 1 Pork $2.191 billion # 1 Corn $1.581 billion # 1 Feeds $1.229 billion # 2 Soybean meal $556 million # 2 Vegetable oils $377 million # 4 Beef $438 million # 2 Hides $239 million # 12 Dairy $132 million Source: USDA Economic Research Service, “State Export Data”

Source: USDA-FAS

Value of Ag Trade Source: USDA-FAS

U.S. Ag Exports Source: USDA-FAS

Key Findings

Thank you for your time. Any questions. My web site: http://www2. econ Thank you for your time! Any questions? My web site: http://www2.econ.iastate.edu/faculty/hart/ Iowa Farm Outlook: http://www2.econ.iastate.edu/ifo/ Ag Decision Maker: http://www.extension.iastate.edu/agdm/