Farmers across North America are riding a wave of economic uncertainty, thanks in large part to the ongoing global trade war & tariffs and shifting interest rates.

Christian Lawrence, head of Cross-Asset Strategy at Rabobank, says the effects of the Trump administration’s trade strategy are hitting the agriculture sector hard.

“We’re seeing a lot of volatility right across markets, particularly in currency markets, which tend to be a bit of a relief valve for tariffs,” says Lawrence.