A new analysis by the Nebraska Farm Bureau estimates the ongoing retaliatory tariffs imposed by countries on U.S. agricultural exports will cost Nebraska producers $943 million in lost revenues in 2019. 

The projected losses would be in addition to tariff related losses in farm level income estimated between $695 million to $1.026 billion in 2018. 

The “Nebraska Farm and Ranch Losses from Retaliatory Tariffs 2019 Estimates” analysis was conducted by Nebraska Farm Bureau Senior Economist Jay Rempe as a way to provide an assessment of losses independent of the Market Facilitation Program (MFP) assistance available to farmers to offset trade associated losses.

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