Farmers Will Pay For Tariffs: U.S. barley industry braces trade war ripple effects

U.S. barley farmers fear tariffs could take away key export markets. The industry has already been facing tight margins.

Beer drinking levels in the U.S. are at the lowest in 40 years. Barley farmer and Vice President of the Montana Grain Growers Association, Steve Sheffels says that farmers will ultimately pay for tariffs.

He says that the U.S. grows way more barley than can be consumed domestically and if key markets like Canada and Mexico disappear, farmers will be competing for a much more limited number of buyers.

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“It is very unclear of what President Trump is looking to do in the long-term here.”
“When we look at this kind of extreme weather and the way that things are moving, that injects a little more risk into our decision making.”