Make It or Break It: Proposed port fees on Chinese-built ships raises concerns among farmers

The U.S. Trade Representative is considering extra fees on Chinese-built ships. Soy groups are concerned, saying it will take a lot of money out of the hands of their farmers.

Mike Steenhoek with the Soy Transportation Coalition says “Made in America” runs in a farmer’s blood, but warns these ship fees could make it or break it for most.

“Things like barges and tow boats, dredges, those all have to be built in the United States. There’s a law that that stipulates that, it’s called the Jones Act, and we were so we’ve been long supportive of that. So we have this track record of supporting the domestic ship building industry. We think that certainly has room to improve over time, and we applaud the administration for pursuing that. Again, it’s all about the time horizon for execution and doing it in a way that doesn’t harm other made-in-America industries.”

Steenhoek says if these fees go through, ships going from the Pacific Northwest to China could see costs increase up to nearly $12.30 a bushel, which would ultimately get passed on to the farmer. He says if farmers then passed those costs to consumers, buyers would find sellers in places like Brazil or Argentina.

Related Stories
The shutdown is yet another hurdle for producers navigating a challenging year marked by high input costs, volatile markets, and uncertain trade conditions.
Farmers will need to closely monitor forecasts if the regulatory changes are implemented, as temperature cutoffs will replace fixed spray dates.
Under this agreement, SCDA will administer a program covering infrastructure and timber losses, as well as future economic and market losses.
Despite global improvement, food insecurity remains deeply concentrated in vulnerable regions.
Alan Bjerga, with the National Milk Producers Federation, joined us on Tuesday from Wisconsin with his Dairy Industry Outlook.

LATEST STORIES BY THIS AUTHOR:

A fast-moving series of trade signals from the White House and key partners is resetting the near-term outlook for U.S. agriculture.
R-CALF USA CEO Bill Bullard joins Market Day Report for his insight on the USDA’s plan to strengthen the U.S. beef industry.
For our Countdown to Convention with Culver’s, we explore how the sea of FFA blue impacts local businesses.
Until a phased reopening is inked, plan for tighter feeder availability, firmer basis near border yards, and continued reliance on domestic and Canadian sources.
Despite calm, sunny conditions to start the morning, the veteran duo quickly deciphered the bite – then shifted gears perfectly when the fish changed.