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U.S. agriculture faces tough competition

Apr 24, 2016 at 06:55 AM CST


CHESTERFIELD — A strong dollar tops a number of factors contributing to a weaker export market that is squeezing crop prices, analysts agree.

It appears unlikely things will improve in the near future for U.S. corn and soybean growers. There could be a wild card or two buried in the deck, however.

“The strength of the dollar is absolutely killing any product right now,” said Paul Bertels, vice president of production and sustainability with the National Corn Growers Association.