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Gardner Policy Series

Reviewing Prices and Market Facilitation Payments

  • October 11, 2018
  • Krista Swanson, Gary Schnitkey, and Jonathan Coppess

As the trade conflict with China continues, prices for many agricultural commodities remain relatively low. Illinois corn and soybean prices dipped to new lows in September, coinciding with the latest…
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Gardner Policy Series

Dispatches from the Trade Wars

  • August 29, 2018
  • Yujun Zhou, Kathy Baylis, Jonathan Coppess and Qiangting Xie

The last month has produced a lot of news on the trade front, much of which has implications for US farmers and their markets.  All of the largest and most…
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Gardner Policy Series

Trade Timeline and Corn and Soybean Prices

  • July 31, 2018
  • Krista Swanson, Jonathan Coppess, and Gary Schnitkey

China has become an increasingly important trading partner for U.S. agriculture, which makes the escalation of the conflict over tariffs and retaliation particularly troubling for American farmers. In Illinois, corn…
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Gardner Policy Series

Why They Can’t All Be Trade Surpluses

  • April 4, 2018
  • Kathy Baylis, Steve Burak and Jonathan Coppess

As the potential for a trade war with China escalates, and the rhetoric about NAFTA continues to heat up, we thought we'd step back and talk a bit about the…
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Gardner Policy Series

Illinois Ag Perspectives on Trade Matters

  • February 7, 2018
  • Steve Burak, Kathy Baylis, Qianting Xie and Jonathan Coppess

Concerns about agricultural trade continue to weigh heavily on farmers in Illinois and across the country as renegotiations over NAFTA finished up their sixth round in Montreal, Canada. Despite some…
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Gardner Policy Series

The Japanese Beef Market’s Lessons for Trade Policy

  • January 18, 2018
  • Steve Burak, Kathy Baylis, Jonathan Coppess and Qianting Xie

For ten consecutive years, Japan has increased its meat consumption; consumption increased by 3.4% last year over the previous year to produce the highest level of growth in five years.…
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Gardner Policy Series

Reviewing the U.S.-Korea Free Trade Agreement

  • November 15, 2017
  • Kathy Baylis, Jonathan Coppess and Qianting Xie

While overshadowed by concerns about North Korea, trade discussions loomed large in President Trump's recent trip to Asia. Earlier statements from the Administration have raised concerns about the bilateral free…
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Gardner Policy Series

Update on NAFTA Renegotiations

  • November 10, 2017
  • Steve Burak, Kathy Baylis, and Jonathan Coppess

The North American Free Trade Agreement (NAFTA) has been in the news for the last year-and-a-half; in the summer of 2016, Presidential candidate Trump vowed from the campaign trail, to…
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Gardner Policy Series

US Agriculture Often Bears the Cost of Trade Disputes

  • October 4, 2017
  • Steve Burak, Kathy Baylis, and Jonathan Coppess

Potential trade disputes are approaching from all directions with significant implications for American agriculture. To the north and south, the US government is renegotiating the North American Free Trade Agreement…
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Gardner Policy Series

A Reminder on NAFTA and Agriculture

  • April 28, 2017
  • Gary Schnitkey, Kathy Baylis, and Jonathan Coppess

Recent news from the Trump Administration has sowed confusion about the President's intentions with respect to the North American Free Trade Agreement (NAFTA). Early this week, President Trump suggested that…
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Gardner Policy Series

Tax Reform and Trade Policy

  • February 2, 2017
  • Kathy Baylis and Jonathan Coppess

President Trump has returned trade policies and related taxes to the spotlight. Last Thursday, the Trump administration floated the idea of a 20% border tax adjustment or a tariff on…
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