BRYAN, Texas (KBTX) - Living in the Brazos Valley, we tend to look at things from a local perspective.

But in economics, and in particular agriculture, all issues are global."The president has done two things which probably are needed. I said this before - trying to renegotiate our trade agreements with countries who were taking advantage of us. Basically, we lost some markets, and we think that's a short run deal. We are getting some of them back," said Joe Outlaw, Co-Director of the Agricultural and Food Policy Center at Texas A&M University.

Outlaw said the war with Iran is causing some products not to move to places they would normally move."There are certain things, like different elements of fertilizer that we get from around the world. Fuel? Yes, we can produce more fuel than this country uses, and we export a lot. But when you start shorting the market from a different source, then our fuel goes up because they could sell it somewhere else and make more money," Outlaw said.