1. The Impact of Tariffs on Ag Markets
Jan. 15, 2019
Chad Hart
Associate Professor/Crop Marketing Specialist 1 1

2. Source: USDA-FAS

3. Source: USDA-FAS

4. Source: USDA-FAS

5. Source: USDA-FAS

6. Why do U.S. farmers need export markets?
That’s where the customers are
That’s where the economic growth is
That’s where the consumption growth is
We produce surpluses
We only eat high on the hog
Exports are crucial to farm income

7. 96% of the world’s population lives outside the US
Source: CIA World Factbook

8. Population growth 2017 to 2050
Source: World Bank

9. Economic growth rates
Source: CIA World Factbook

10. Value of Ag Trade
Source: USDA-FAS

11. U.S. Ag Exports
Source: USDA-FAS

14. Export share of US production, 2018
Source: USDA WASDE

15. Arable land

16. Data Source: USDA-AMS

17. Data Source: USDA-AMS

18. Beef Export Sales
Source: USDA-FAS

19. Beef Export Shifts
Source: USDA-FAS

20. Data Source: USDA-AMS, Compiled & Analysis by LMIC

22. Pork Export Sales
Source: USDA-FAS

23. Pork Export Shifts
Source: USDA-FAS

24. Data Source: USDA-AMS, Compiled & Analysis by LMIC

25. Corn Export Sales
Source: USDA-FAS

26. Corn Export Shifts
Source: USDA-FAS

27. Soybean Export Sales
Source: USDA-FAS

28. Soybean Export Shifts
Source: USDA-FAS

29. Soybean Meal Export Shifts
Source: USDA-FAS

30. Ethanol Exports
Source: EIA

31. 2018/19 Crop Margins
Based on futures prices

35. Key Findings

36. Want to provide feedback on my presentation. https://www. surveymonkey

37. Thank you for your time. Any questions. My web site: http://www2. econ
Thank you for your time! Any questions? My web site: Iowa Farm Outlook: Ag Decision Maker: