Tariffs and a potential trade war with China are a concern for the grain trade. CHS Executive Vice President of Enterprise Customer Development Gary Halvorson is also looking at the impact on crop protection products. “In Trump’s first term, we saw him put a great deal of pressure on China and that caused price inflation in some key herbicides, insecticides, and fungicides with that base material built or sourced from China,” said Halvorson. “Should he enact similar trade policies, that could have a detrimental impact on that segment. That’s something I think isn’t being talked about enough.” CHS is taking a proactive approach. “Our team is engaged with suppliers now in China to make sure we have the right information and right backing so we can respond quickly should the winds change.” Click here to listen to the full interview.
