The renegotiated trade agreement between the U.S., Mexico and Canada is of little use to the dairy farmers President Donald Trump insisted on helping, Federal Reserve banks in the Midwest are reporting Gains from the new agreement are seen as "too small and too far in the future to help dairy farmers," the Chicago Fed reported in the central bank's periodic report on economic conditions across its 12 districts.The Minneapolis Fed reported that "a substantial number of dairy operations have exited the business since the beginning of the year." The report, called the "Beige Book," was released Wednesday. The Chicago Fed reports "dairy farmers continued to struggle," and Canada and Mexico kept their tariffs on pork, dairy and other agricultural products that they imposed in retaliation for Trump's tariffs on steel and aluminum products imported to the U.S.