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What $1B in Tariffs Means for Farm Input Costs

In 2025, tariffs on imported agricultural inputs such as farm machinery, chemicals, fertilizers and seeds generated nearly $1 billion in revenue, with about $530 million from machinery and $273 million from chemicals, according to North Dakota State University trade data.
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Farm Cost-to-Earnings Gap Hits 10-Year High

Recent USDA data show the gap between what farmers pay for inputs and what they earn from selling crops and livestock has reached its widest point in at least ten years, signaling growing financial pressure on farm operations heading into the new season.
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