Soybean growers could take a hit this year if port fees are added to Chinese-built ships, Senator Chuck Grassley warns.
“Right now, our lower shipping costs make Ag products like Iowa corn and soybeans competitive with Brazilian corn and beans. If a maximum fee were put in place, our farmers would lose their edge and cede even more market share to competitors in South America.”
Grassley says he hopes U.S. Trade Rep Jamieson Greer takes farmer concerns seriously as they decide the next steps. Some groups say smaller ports would suffer under the deal, possibly putting the supply chain in jeopardy.
Related Stories
Texas Cattle Feeders Association says the extended closure took a toll on the state’s cattle industry.
Farm organizations say fuel and fertilizer costs are putting increasing pressure on family farms.
Stronger East Coast shipments are giving U.S. corn another route to overseas markets.
The shipment would mark the first Russian petroleum-products cargo the United States has imported since a 2022 ban on Russian oil and petroleum products.
Soy Transportation Coalition’s Mike Steenhoek discusses how rising diesel costs affect grain delivery decisions and how farmers can use their free calculator to compare transportation costs and protect profitability.
USDA Selects Eight Projects Representing More Than $1.3 Billion in American Fertilizer Manufacturing Investment to Strengthen National Security and Support Farmers
