Economists on Trade Deal with China: “If exports decline, our farmers decline”

Farm groups are eager for details of the Chinese trade deal.

One organization has been talking to farmers coast to coast and tells us exports are their top concern.

“20 percent of US farm revenue comes from exports, so if our exports decline, our farmers decline, and that’s really scary. Farmers are also price takers when it comes to input. So if we’re driving up the cost of fertilizer or steel or farm chemicals, farmers get squeezed, and that’s the big concern. We don’t want to see farmers go out of business. Farmers play an important role in terms of food security, in terms of keeping our rural communities afloat,” said Brian Kuehl.

Ag Secretary Brooke Rollins appeared before the House Ag Committee this week, talking about some of those concerns. During her four-plus-hour testimony, she doubled down on her commitment to remove obstacles for small farmers.

Related Stories
As farmers and ranchers navigate rising input costs, lawmakers are considering a roughly $15 billion aid package to help, which would be tied to the spending bill for the war with Iran.
Lower costs improve competitiveness, but demand remains uncertain.
Corn and soybean shipments continue to move at a steady pace as spring trade flows develop.
Herd growth and exports supporting dairy outlook.
Strong exports continue to support corn despite larger supplies.
Crush demand is supporting soybeans despite biofuel uncertainty.

LATEST STORIES BY THIS AUTHOR:

ASFMRA’s Tony Toso joins us with an update on California farmland values, ongoing market uncertainty, and key discussions shaping agriculture in the Golden State.
Dr. Gold encouraged farmers and ranchers to prioritize eye safety in their daily routines, offering his expertise to help reduce risks on this week’s Rural Health Matters.
Dave Duquette, founder of Western Justice, joined us to discuss wolf management, rancher concerns, efforts to return control to the states, and his upcoming documentary, “Wolves: True Conflict.”
EPA Administrator Lee Zeldin, in consultation with the U.S. Department of Energy and under the Clean Air Act, approved the temporary measure to help stabilize fuel supplies and reduce costs for consumers.
AFBF Women’s Leadership Committee Chair Isabella Chism joined us to discuss Ag Day planning, community involvement, and supporting the future of agriculture.
EPA Administrator Scott Mason shares updates on farm equipment regulations, regional accomplishments, and federal efforts supporting agriculture in honor of National Ag Day.