Corn Exports Hold Strong Despite Tariffs

Despite tariffs having a less significant impact on exports, corn producers struggle with tariff-related increases on inputs, which complicates their bottom line.

NASHVILLE, Tenn. (RFD-TV) — Corn exports have not been as heavily impacted by trade tariffs as other commodity crops. However, according to Troy Schneider, a board member of the National Corn Growers Association (NGCA), corn growers still face similar challenges as they navigate the impact of tariffs.

“The tariffs have not affected our exports like they have other commodities,” Schneider said. “We’re seeing record exports of our corn going across the border into Mexico, into other countries, and that’s something we’re excited about.”

The NGCA leader says growers are struggling to keep up with rising input costs, such as those linked to tariffs on steel and fertilizer, impacting their bottom line.

“However, when you have those record high prices—you know, steel, you look at steel—okay, if I wanted to put a new irrigation well in right now, re-drill it, the casing alone would have…I wouldn’t want to guess what the percent-increase would be from five, six years ago, before COVID,” Schneider said. “And so, it’s just those input prices; yes, we are paying it. We’re paying it both ways, in every way.”

NGCA has recently formed a task force to address the growing needs of farmers in its sector, citing the exponential increase in input costs and the need to address these issues as the catalyst for the task force’s formation.

The USDA is set to issue a second ECAP payment and inform farmers that any application approved after September 25 will receive the payment in a single lump sum.

Related Stories
Strong corn and China-driven demand support the pace of U.S. grain exports. RealAg Radio host Shaun Haney discusses Canada-China agricultural trade talks.
Seth Tucker of Tucker Farms, a first-generation Arkansas farmer, says rising input costs are forcing changes to his operation, including stepping away from rice this season.
UNL’s Dr. Dirac Twidwell discusses wildfire recovery efforts in Nebraska and what producers should keep in mind in the days and weeks ahead.
Rich Nelson with Allendale joined us to break down early planting progress, market expectations, and what producers should keep an eye on as the season moves forward.
Tight global supply is likely to keep fuel and fertilizer costs elevated.
Dr. Michael Langemeier with Purdue University provided perspective on the improving farmer sentiment and the trends shaping the agricultural economy moving forward.

LATEST STORIES BY THIS AUTHOR:

Starting Monday, April 29, the USDA will require free avian flu (HPAI H5N1) testing on all dairy cattle before interstate travel. Positive cases must be directly reported to the USDA for tracing.
Since the Tennessee Main Street program’s inception in 2010, 78 rural commercial districts have been improved. These 12 new additions bring that total number up to 90.
Become a follower of ag influencer Mary Pat Sass. This entrepreneur and FarmHER does it all while raising kids and crafting delicious harvest meals that inspire other farm mamas to get in the kitchen.
FarmHER raises a glass to those behind the vines at Hope Family Wines: Vineyard Director Stasi Seay and Assistant Winemaker Samantha Taylor.