California Snowpack Low and New 10% Tariffs
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**Despite a strong start to California’s wet season, the snowpack remains below average, which could mean less water available for summer irrigation.
San Joaquin Valley farmer Aaron Barcellos says the uncertainty has forced him to consider not planting cotton for the first time in nearly four decades.
Jay Lund, from the University of California, Davis, says there’s still a chance more storms will boost snowpack to average before April, when they typically peak.
**Ag Secretary Brooke Rollins is asking farmers and ranchers to help improve how federal crop and livestock data are collected, saying accurate reports are essential to fair and orderly markets.
USDA reports on acreage, yields and inventories can significantly influence commodity prices, crop insurance guarantees and marketing decisions.
Officials say declining survey participation, shifting planting patterns and increasingly volatile weather have made data collection more challenging.
**A new 10% U.S. tariff on goods from around the world took effect last Tuesday.
Meatingplace says a list of tariff exemptions includes beef, some fertilizers, and metals like steel and aluminum under Section 232 national security tariffs.
The 10% tariff was announced after the Supreme Court struck down President Trump’s widespread use of tariffs.
Meatingplace says section 122 only allows tariffs for 150 days without congressional action.