2024 could be challenging for U.S. farm exports

When it comes to selling crops, the American Farm Bureau says demand from key export markets is not looking great for 2024.

“Unfortunately, I think fiscal year ’24 is probably going to be a little bit challenging for U.S. farm exports. As we’ve seen the U.S. dollar continues to fluctuate, but stay high, it makes our products price above our competitors. And then it makes, of course, imports cheaper,” says Veronica Nigh.

Despite an excellent product coming from American fields, the Farm Bureau says it is still not enough to overcome a strong dollar. Couple that with low levels along inland waterways, increased transportation costs, and a lapse in the Farm Bill, Nigh says finding new markets will be challenging.

Related Stories
Corn exports are strengthening the trade outlook, but lower soybean movement and weaker demand from China remain major concerns.
Negotiators are focusing on tariffs, market access, and economic security as broader trade discussions continue.
The American Sheep Industry Association says high labor costs and volatile markets continue creating pressure for producers.
Julia Andrus with Phospholutions joins us to discuss fertilizer market uncertainty, evolving grower strategies, and how efficiency is reshaping nutrient management decisions in modern agriculture.
The U.S. Meat Export Federation continues building global relationships aimed at creating new opportunities for U.S. livestock producers
RealAg Radio’s Shaun Haney discusses Canada’s record farm cash receipts, profitability trends in livestock and crops, and the impact of rising input costs in 2026.

LATEST STORIES BY THIS AUTHOR:

Corn farmers and ethanol groups are urging Senate action on E-15 legislation while grain basis values strengthen in eastern states.
Fred Nichols with Huma discusses corn nutrition timing, side-dress nitrogen strategies, and key management tips as the 2026 crop continues to develop across the Midwest.
Matthew Poling with CLAAS joins us to discuss harvest strategies for a below-average wheat crop and combine adjustments growers should consider.
National Cotton Council’s Gary Adams joins us to discuss the USDA’s Great American Cotton Plan, crop conditions, prices, and efforts to boost domestic demand.
The switch makes the chain the only American burger joint to do so