As farmers harvest our 2019 corn crop, Gale Lush, American Corn Growers Foundation (ACGF) chairman, of Wilcox, NE, notes that they need to be aware that as of Oct. 17 accumulated U.S. corn exports (quantities shipped) were only 37% of year ago levels, reports the Grand Island Independent.
“Apparently, today’s new policymakers have yet to learn the hard lesson that trade wars are not easy to win,” he told the Independent. “In fact, trade wars come with a tremendous cost to farmers and the rural economy.”
Bloomberg News reported that China will buy around $20 billion in U.S. farm goods in a year if a partial trade deal is completed.
Lush said $20 billion is less than what China bought from the U.S. before Trump’s trade war.
