# ‘We just haven’t seen anything like this’: Farmers brace for Trump’s trade war

> Farmers report that inflation has pushed up prices for fertilizer, seed and other inputs, while interest rates on operating loans have reached as high as 8 percent this year. The article frames these cost pressures as the start of the trade war's impact on agriculture.

- Date: 2025-04-04 · published 2025-04-04T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/25116-we-just-haven-t-seen-anything-like-this-farmers-brace-for-trump-s-trade-war
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher input and borrowing costs may reduce planted acreage or farm spending, and fertilizer cost increases can feed into corn production economics.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-09-02 | [Fertilizer Costs Are Surging Again Just as US Farmers Look to Buy - Bloomberg](https://feedsoft.ai/events/39880-fertilizer-costs-are-surging-again-just-as-us-farmers-look-to-buy-bloomberg.md) | -5.4% | -10.5% |
| UREA | 2025-02-27 | [What's driving urea prices for farmers? \| Global Perspective \| The Land \| NSW](https://feedsoft.ai/events/26363-what-s-driving-urea-prices-for-farmers-global-perspective-the-land-nsw.md) | -3.6% | -4.9% |
| UREA | 2022-01-05 | [Little relief in sight on fertiliser supply and price - Farmers Weekly](https://feedsoft.ai/events/4589-little-relief-in-sight-on-fertiliser-supply-and-price-farmers-weekly.md) | -11.9% | -20.3% |
| UREA | 2022-08-10 | [Urea demand grows on both price and supply issues - Farmers Weekly](https://feedsoft.ai/events/40351-urea-demand-grows-on-both-price-and-supply-issues-farmers-weekly.md) | +0.4% | +11.1% |
| UREA | 2021-09-22 | [Nitrogen prices soar as high gas prices shut down production - Farmers Weekly](https://feedsoft.ai/events/45383-nitrogen-prices-soar-as-high-gas-prices-shut-down-production-farmers-weekly.md) | +2.2% | +39.6% |
| CORN | 2017-02-28 | [Trump Was Going to Kill Mexico’s Peso. It’s Doing Just Fine - Bloomberg](https://feedsoft.ai/events/72712-trump-was-going-to-kill-mexico-s-peso-it-s-doing-just-fine-bloomberg.md) | +0.9% | -1.1% |
| CORN | 2019-03-19 | [Argentina Is Anxious for Soy Dollars. Farmers Won’t Play Ball - Bloomberg](https://feedsoft.ai/events/59942-argentina-is-anxious-for-soy-dollars-farmers-won-t-play-ball-bloomberg.md) | -0.3% | -3.4% |
| CORN | 2016-11-11 | [Indonesian rupiah falls most since 2011 over Trump's protectionist trade policy fears](https://feedsoft.ai/events/74150-indonesian-rupiah-falls-most-since-2011-over-trump-s-protectionist-trade-policy.md) | -3.6% | -0.7% |

## Sources

- politico.com: https://www.politico.com/news/2025/04/04/farmers-tariffs-trump-trade-war-00271146

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.