NEWELL, S.D. – Tariffs, an international trade war and other market conditions are creating great volatility across the South Dakota agricultural industry, with West River ranchers celebrating record prices and some East River soybean and corn farmers facing potential financial disaster.

Farming and ranching are always full of ups and downs and winners and losers. But 2025 is proving to be unusual in the way some agricultural sectors are riding high while others are worrying about potential foreclosures.

President Donald Trump's trade war with China is almost exclusively negative for row crop growers, but his multitude of new tariffs are lifting some sectors, livestock producers in particular.

At a stock sale at the Newell Sheep Yards, replacement ewes were drawing "very high prices" on

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