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Corn Farmers Looking Ahead With 'Nervous Anticipation'

By Kai Ryssdal

The president and his spokesman today talked about making changes to U.S. trade policy. Those changes will impact slices of the economy that you might not expect. Keith Alverson is a sixth generation corn farmer in Chester, South Dakota. He says that while he and other corn farmers are optimistic about the future, they have concerns over potential policy changes. He spoke with Marketplace Host Kai Ryssdal about how he views the new administration. Below are a few excerpts from the conversation.



On the corn business in South Dakota this year:

We had a bin-buster crop. We busted the grain bins and so it was a record crop for us — at least on our farm and a lot of farmers in the area. We had some hiccups in some parts of South Dakota where the weather didn’t cooperate quite so well but things are looking up. Everybody is feeling pretty good about the crop production end of things. Of course, the prices are down just because we’ve got such a big supply. So that puts a damper on things but everybody feels good about growing a big crop.

On how the corn industry feels about the recent political discussion in America:

I think  we’re optimistic about the future. Most farmers you’ll find are optimists. We talk pessimistically now and again but we’re kinda going into this with nervous anticipation. Trade and global issues are a huge deal to us just because about 15 to 20 percent of our corn crop gets exported so it’s a big deal when we start talking about trade issues.

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This presentation was given at the Grazing for Profit Conference held on February 14, 2024 in Harriman, TN. More information on this conference can be obtained by contacting the Roane County Soil and Water Conservation District at http://www.roanecountyscd.com..