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462 points JumpCrisscross | 2 comments | | HN request time: 0s | source
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more_corn ◴[] No.45078070[source]
Because the cost of goods continues to fluctuate wildly due to ongoing tariff wrangling that nobody asked for or needed.

Also farmers can’t sell anything because retaliation has destroyed international demand (I’d say decimated but it’s way worse than reduction by a tenth)

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JumpCrisscross ◴[] No.45078219[source]
> farmers can’t sell anything because retaliation has destroyed international demand

Not true. At least not yet.

Q2 agricultural exports were roughly flat to Q1 [1].

[1] https://fred.stlouisfed.org/series/B181RC1Q027SBEA

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1. LPisGood ◴[] No.45078313[source]
Is that normal? It seems to me like we’d expect Q2 agricultural exports to usually be much higher than Q1.
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2. JumpCrisscross ◴[] No.45078628[source]
Seasonally adjusted and annualised.