A new analysis by Nebraska Farm Bureau estimates the ongoing retaliatory tariffs imposed by countries on U.S. ag exports will cost Nebraska producers 943 million dollars in lost revenues in 2019.
Soybeans and corn account for most
of those losses, with Nebraska soybean producers losing nearly 590 million
dollars and corn growers about 250 million dollars.
Nebraska Farm Bureau economist
Jay Rempe says Market Facilitation Program payments to producers have helped,
but they don’t cover all of their losses.
