Farm groups continue to be concerned about the cost of possible retaliation from United States trading partners following the President’s imposed tariffs on steel and aluminum imports. Nebraska Farm Bureau Senior Economist Jay Rempe says, even with Canada and Mexico temporarily exempted, Nebraska’s producers stand to lose a lot from any trade disruption.

He says Nebraska risks the loss of more than $3.72 billion dollars in agricultural exports or 58 percent of Nebraska’s total export market.

Rempe says Nebraska’s farmers and ranchers and agribusiness will also be subject to what amounts to a tax, and that also trickles down to consumers.

The top six markets for Nebraska agricultural exports in 2016 were Mexico, Canada, Japan, the E.U., China and South Korea.