Tariffs Threaten Northern New York Dairy Industry
Source: dairynews.today
Dairy farmers in Northern New York face increasing costs due to President Trump’s tariffs, potentially leading to a drop in milk prices.
In Champlain, N.Y., dairy farmers are confronting a possible "perfect storm" this spring as President Trump’s tariffs threaten to increase operational costs.
Dale Tetrault, owner of Hidden View Farms, explains how tariffs on Canadian feed and fertilizer may raise expenses by tens of thousands annually. Tetrault cites a potential daily rise of $300 for grain feed and a $20,000 increase yearly for fertilizer costs due to a 10% tariff. Despite these challenges, Tetrault hopes for favorable changes before their next major purchase and considers Canadian business practices in need of reform.
Canadian Prime Minister Mark Carney announced impending trade talks with the U.S. post-election, while U.S. authorities link tariffs to the fight against fentanyl trafficking.
Dale Tetrault, owner of Hidden View Farms, explains how tariffs on Canadian feed and fertilizer may raise expenses by tens of thousands annually. Tetrault cites a potential daily rise of $300 for grain feed and a $20,000 increase yearly for fertilizer costs due to a 10% tariff. Despite these challenges, Tetrault hopes for favorable changes before their next major purchase and considers Canadian business practices in need of reform.
Canadian Prime Minister Mark Carney announced impending trade talks with the U.S. post-election, while U.S. authorities link tariffs to the fight against fentanyl trafficking.
