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
Tuesday’s numbers show this year’s corn crop could be nearly 10% above 2023
Sponsored
Syngenta Technical Agronomy Manager Bruce Battles joined us on Friday on Market Day Report to discuss how Durastak can help producers manage Corn Rootworm.

LATEST STORIES BY THIS AUTHOR:

Today, we honor the courage, dedication, and service of the men and women of the United States Armed Forces by taking a closer look at their commitment and teamwork in action.
Lucia Ruano, USMEF’s Central America representative, discusses what is driving demand for U.S. beef and pork in the region.
Tyson expects another year of beef-segment losses due to tight cattle supplies, even as chicken, pork, and prepared foods strengthen overall margins.
One Iowa man’s story is a powerful reminder of service, sacrifice, and home.
Team Kubota’s Nick Hatfield joins us to talk about the Summit Cup — the fourth and final event in Major League Fishing’s Fishing Clash Team Series presented by Bass Pro Shops.
If the House concurs and the President signs, USDA services and farm-bill programs resume at full speed with authorities extended for another year.