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.
Related Stories
Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
Record crops are increasing grain storage needs, prompting safety experts to remind producers of the risk of grain bin entrapment during harvest.
The impacts of the government shutdown have reached commodity growers with crops to move, ag economists monitoring the harvest without key data reporting, and meat producers in need of new export markets.
Join the conversation on RURAL AMERICA LIVE — Tonight at 7:30 PM ET, only on RFD-TV.
Export Inspections In Bushels Show Mixed Momentum Patterns