Trade

Two of the nation’s most influential players in agriculture policy, at a meeting in the heart of the country’s Grain Belt on Wednesday, tried to ease worries about the pending farm bill and a budding trade war with China.

Farmers Milking For What It's Worth (Not Much), Unsure What Comes Next

May 17, 2018
Nicole Erwin / Ohio Valley ReSource

Dairy farmer Gary Rock sits in his milking parlor, overlooking what is left of his 95-cow operation in LaRue County, Kentucky.

“Three hundred years of history is something that a lot of people in our country cannot even talk about,” Rock said. That’s how long the farm has been in his family.

Grant Gerlock / Harvest Public Media file photo

Updated April 4 to clarify the export percentage — China matters to the U.S. pork industry, as more than a quarter of all hogs raised here are shipped there. So, China’s decision to up its tariffs on 128 U.S. products, pork included, worried producers and rippled through the stock market.

Grant Gerlock / Harvest Public Media file photo

President Donald Trump signed the $1.3 trillion spending bill that’ll keep the federal government running, and will fix for a troublesome provision for some grain businesses.

Passed in last year’s tax overhaul, the provision allows farmers to deduct up to 20 percent of their earnings from selling crops — but only to cooperatives. That threatens businesses that aren’t co-ops but also buy and sell commodities like corn, soybeans and wheat, including large companies like Cargill and Bunge to small, local grain elevators.

David Barry / NET Nebraska

The U.S., Canada and Mexico wrapped up the latest round of negotiations earlier this month over NAFTA, the North American Free Trade Agreement.

President Donald Trump has threatened to terminate the trade pact, which he continues to call a bad deal for the U.S. But NAFTA has helped grow the beef industry beyond the U.S. borders, so while some worry about the Trump administration’s wavering commitment to NAFTA, others want more protections.

Amy Mayer / Harvest Public Media file photo

When President Donald Trump follows through on his plan to tax imported steel and aluminum, American farmers will get less money for some crops and pay more for machinery.

Farm groups say their members worry the countries targeted by the tariffs (the list of which has not been finalized by the Trump administration) will tax farm products. The European Union already has threatened imports of corn, rice, cranberries, peanut butter, kidney beans, orange juice and even bourbon, which is usually made from corn.

There is a slight silver lining for consumers, however, because prices of those products may drop in the U.S.

Peggy Lowe / Harvest Public Media

Farms and ranches throughout the country won’t see their labor shortages solved by a renegotiation of the North American Free Trade Agreement (NAFTA).

In a call with reporters while visiting Mexico ahead of the trade talks, U.S. Agriculture Secretary Sonny Perdue said labor issues likely wouldn’t be addressed during formal negotiations among the United States, Mexico and Canada, set to begin August 16th.

File: Stephanie Paige Ogburn for Harvest Public Media

After coming to an agreement with U.S. trade officials to bring American beef to China after a 14-year hiatus, the most populous country in the world is set to once again import U.S.-raised beef. To take advantage of the massive new market, however, the U.S. cattle industry is going to have to make some changes.

NAFTA Renegotiation Puts Agriculture Groups On Edge

May 19, 2017
File: Abbie Fentress Swanson / Harvest Public Media

As the Trump administration takes the initial steps toward renegotiating one of the country’s most influential and controversial trade deals, groups that represent farmers and ranchers are already waving a caution sign.

President Trump has made it clear: he wants changes to NAFTA -- the North American Free Trade Agreement. The wheels of renegotiation are in motion after U.S. Trade Representative Robert Lighthizer sent a letter to Congressional leaders indicating that intention. The president is required to give Congress 90 days notice before opening up trade talks.

Cattle rancher Mike John runs a cow-calf operation in Huntsville, Mo., and hopes international trade will open up new markets for his beef.
Kristofor Husted / Harvest Public Media

President Trump made campaign promises to pull the U.S. out of big international trade deals and focus instead on one-on-one agreements with other countries. But that has farmers worried they will lose some of the $135 billion in goods they sold overseas last year.

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