NFU Urges Long-Term Trade Solutions in Farm Bill

Dan Exports/Imports, Industry News Release, Trade

In a letter to lawmakers, National Farmers Union (NFU) President Roger Johnson emphasized the need to address agricultural economic hardships in the 2018 farm bill. The NFU Board of Directors unanimously approved the motion to send the letter during a meeting held Monday afternoon. With an already grim farm economy, an escalating global trade war, and uncertainty in export markets, …

farm credit

Trade Aid for Farmers Could Start in Late September

Dan Economy, Industry News Release, Trade

The aid package announced to offset harm by the Trump administration’s trade policy for agriculture could be ready to go by October, according to Agriculture Secretary Sonny Perdue. While in Argentina as part of the G20 meeting of agriculture ministers, Perdue told Reuters the aid package could have payments reaching farmers by late September. The plan would include between $7 …

farm income

U.S. Chamber: Trade Aid for All Could Cost $39 Billion

Dan Economy, Industry News Release, Trade

Providing aid to industries impacted by negative trade policy could cost the nation $39 billion, according to new data by the U.S. Chamber of Commerce. Farmers are expected to receive a $12 billion aid package to lessen the burden of trade disputes by the Trump administration. The U.S. Chamber of Commerce calls farmers and ranchers the “hardest hit” by Trump’s …

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

Letter Urges Trump to Rejoin TPP

Dan Industry News Release, Trade

A letter from the Freedom Partners is urging the President to rejoin the Trans-Pacific Partnership, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Freedom Partners started in 2011 to promote the benefits of free markets and a free society. The group launched an advertising campaign this week against President Trump’s trade policy and ongoing trade war with …

argentina

In Argentina, Perdue Welcomes U.S. Pork Back to Market

Dan Exports/Imports, Industry News Release, Pork, Trade

Secretary Sonny Perdue celebrates the reintroduction of U.S. pork into the Argentine market, with U.S. Ambassador to Argentina Edward Prado. U.S. Secretary of Agriculture Sonny Perdue celebrated the reintroduction of American pork products to the Argentine market after more than 20 years by slicing a ten pound honey baked ham. “The U.S. is the world’s third largest pork producer and …

trump

EU Insists Agriculture Not a Part of Trade Truce with Trump

Dan Industry News Release, Soybeans, Trade

The European Union (EU) says that the proposed trade talks with the United States wouldn’t include farming. The website Business Times Dot Com says this directly contradicts what President Donald Trump says. An EU Commission spokeswoman says they’ve been very clear on that fact. The spokeswoman adds that agriculture is not part of it, only the things that were specifically …

Bankers: Farmers Want Trade Not Handouts

Dan Industry News Release, Trade

Following the president’s announcement of a $12 billion trade assistance package to farmers, the nation’s bankers echoed farmer sentiments, saying producers want free trade and not handouts. A Farm Journal report quotes ag lender Alan Hoskins as saying it’s far too soon to know how beneficial the aid will be. Hoskins did say one thing is clear; it’s not what …

trade deal

Lighthizer Testimony: NAFTA Deal Possible in August

Dan Industry News Release, Trade

During congressional testimony on Thursday, U.S. Trade Representative Robert Lighthizer told lawmakers that it’s entirely possible that the three North American Free Trade Agreement (NAFTA) members will reach a deal in August. Lighthizer says that would meet the Mexican objective of having current President Enrique Pena Nieto sign the deal before he leaves office in December. Bloomberg says U.S. trade …