Farm groups are raising concerns about a recent trade ruling that could impact herbicide prices.
The U.S. International Trade Commission has determined that imports of 2,4-D from China and India are harming Corteva Agriscience, the only U.S. producer.
As DTN reports, the ruling could lead to new import duties, though the final rates have not yet been set. Corteva argued that the imported products were unfairly priced and undercut their sales.
Groups like the National Corn Growers Association and American Soybean Association say the decision could drive up costs and reduce access to a key weed control tool. They also say the timing could not be worse for U.S. farmers.
Related Stories
StoneX Director of Fertilizer, Josh Linville, joins us to discuss fertilizer market trends and risk management strategies to navigate an uncertain farm economy and fluctuating agricultural input costs.
United Soybean Board Director and Missouri farmer Kyle Durham joins us to discuss farmer sentiment, alternative revenue programs, conservation incentives, domestic demand trends, and conditions on his farm this spring.
Research shows a small number of companies account for much of the nation’s ammonia production capacity.
Fred Seamon with CME Group joins us to discuss the latest Ag Economy Barometer and the key economic pressures shaping producer sentiment in May.
