Agricultural crop yields are susceptible to changes in future temperature, precipitation, and other Earth system factors. Future changes to these physical Earth system attributes and their effects on agricultural crop yields are highly uncertain. United States agricultural producers will be affected by such changes whether they occur domestically or internationally through international commodity markets. Here we present a replication study of previous investigations (with different models) showing that potential direct domestic climate effects on crop yields in the U.S. have financial consequences for U.S. producers on the same order of magnitude but opposite in sign to indirect financial impacts on U.S. producers from climate effects on crop yields elsewhere in the world. We conclude that the analysis of country-specific financial climate impacts cannot ignore indirect effects arising through international markets. We find our results to be robust across a wide range of potential future crop yield impacts analyzed in the multi-sector dynamic global model GCAM. 1 Introduction Research is increasingly showing that agricultural crop yields will be susceptible to future changes in temperature, precipitation, length of growing seasons, and carbon dioxide (CO2) concentrations [1-9]. While future climate is uncertain, the potential for important effects on major agricultural crop producers such as the U.S. is clear [4, 8, 10-14]. The quantity and composition of U.S. agricultural crop production, where crops are grown, trade, and economic value of U.S. crop production could be affected. An important challenge in understanding these implications is that agricultural products are traded across the globe. The U.S. is both a major agricultural importer and exporter of agricultural crops, meaning that U.S. agriculture may be affected not only by future climate in the U.S., but also future climate outside of the U.S. via international trade. These international linkages raise questions about the relative importance of the direct and indirect effects on U.S. agriculture; that is, is the potential for changes in temperature and precipitation in the U.S. (referred to here as domestic effects) more or less important than the potential for changes outside of the U.S. (referred to here as international effects) to U.S. agricultural crop producers?