By Andi Anderson
The Iowa Corn Growers Association (ICGA) has voiced concerns following the recent announcement of a new global tariff plan, set to take effect in April. The policy, introduced during the “Make American Wealthy Again” event, will impose a universal 10% tariff on all U.S. trading partners starting April 5, with increased rates for around 60 key partners beginning April 9.
Stu Swanson, President of ICGA, said the tariffs could significantly harm Iowa farmers who rely heavily on exports. In 2024, the U.S. exported nearly 5 billion bushels of corn and value-added corn products. Any reciprocal tariffs placed on these exports could disrupt trade relationships and reduce demand.
Swanson emphasized that corn farmers are already facing economic pressure due to rising input costs and falling corn prices. He warned that limiting access to export markets would worsen the situation for producers in Iowa and beyond.
With more than 95% of the global population living outside the U.S., ICGA stressed the importance of open trade channels. They are calling on national leaders to focus on expanding global trade opportunities and building new partnerships for U.S. agriculture.
In addition to trade, ICGA pointed to domestic opportunities. Increasing ethanol use—particularly by expanding access to E15, a 15% ethanol blend fuel—could help support local corn markets. Ethanol provides a cleaner and more affordable alternative to traditional fuels and could generate more demand for homegrown crops.
“We look forward to the opportunity to work with the Administration to expand new markets to create demand for U.S. farmers,” said Swanson.
The ICGA continues to advocate for policies that strengthen both international and domestic markets, encouraging leaders to find solutions that will protect the long-term viability of American agriculture.
Photo Credit: gettyimages-shotbydave
Categories: Iowa, Business