(4 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Amity, Missouri – 4 April 2025
1. Close up of grain bin with wind turbine behind
2. SOUNDBITE (English) Bryant Kagay, part owner, Kagay Farms: ++COVERED++
“I’m the fourth generation in the family farm. Work alongside my dad and grandpa every day. Yeah, we raise corn, soybeans, wheat, and then also have a cow-calf operation and a cattle feed lot as well.”
3. Bryant Kagay grabbing tools from toolbox
4. Kagay Farms sign
5. Calf eating hay
6. SOUNDBITE (English) Bryant Kagay, part owner, Kagay Farms: ++PARTIALLY COVERED++
“You know, our soybean market, the cattle market, like the futures prices for those have dropped pretty substantially just the last couple days. I think it’s still a little uncertain of exactly how that’s all gonna shake out, but I think initially the markets are not responding favorably to those tariffs.”
7. Close up of Bryant working on tractor
8. SOUNDBITE (English) Bryant Kagay, part owner, Kagay Farms: ++PARTIALLY COVERED++
“I’m more worried about what it’s gonna do for some of the other stuff that we will purchase throughout the year, whether that’s equipment, equipment parts, chemicals in the future, fertilizer prices, how it’s going to impact things going forward.”
9. Close up of tractor tires outside
10. Wide view of farm equipment
++PARTIALLY COVERED++
11. SOUNDBITE (English) Bryant Kagay, part owner, Kagay Farms:
“Out of the options we had, I felt like he had more positives than negatives. But that’s not to say I was really 100 percent comfortable with everything he had proposed to do, no.”
12. Close up of Bryant working on tractor
++PARTIALLY COVERED++
13. SOUNDBITE (English) Bryant Kagay, part owner, Kagay Farms:
“I just feel like he’s being very heavy-handed, a little bit sloppy maybe with how some of these things are put into place without a lot of thought and detail. I think the government definitely needed to be pared back, like obviously our government spending is way out of control, but I don’t think where he’s focusing his time and energy is really going to move the needle any as far as deficit reduction.”
14. Wide of Bryant working on tractor
15. Close up of Bryany working on tractor
++COVERED++
16. SOUNDBITE (English) Bryant Kagay, part owner, Kagay Farms:
“Our products are good quality products that speak for themselves in the market and I think I’d prefer the government stay out of the way and allow us to sell our products where they’re needed and where they can gain the most value. So that’s kind of been my stance on it from the beginning.”
17. Wide view of grain bins and wind turbines
18. Cow eating outside
19. Wide view of grain bins
STORYLINE:
Heading into this year, most U.S. farmers were hoping to break even or maybe record a small profit if they could find a way to limit their sky-high costs, but now they’re faced with losing the biggest export market for many of their crops after China retaliated against President Donald Trump’s tariffs, and more countries could follow suit.
“There’s just not any margin for error in the current farm economy,” said Kentucky farmer Caleb Ragland, who serves as president of the American Soybean Association.
Crop prices — much like the stock market — dropped after Trump announced his tariffs earlier this week. Tim Dufault, whose farm is in northwest Minnesota only about 80 miles south of Canada, said in a good year soybean farmers might make $50 to $75 an acre, but this isn’t a good year because crop prices aren’t high enough to cover the soaring costs and the price drop in the past two days cost them about $25 an acre.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0402db8683ea407b97bd77c7bc7b28d4
Author: AP Archive
Go to Source
News post in April 10, 2025, 12:04 am.
Visit Our Sponsor’s:
News Post In – News
