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.
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Host of
RealAg Radio Shaun Haney discusses how the proposed reductions to agriculture programs in Canada’s new budget could affect research and support programs that farmers need.
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RaboResearch says China’s pivot from mass production to innovation-driven growth could reshape global pesticide supply chains — and influence prices and product access for U.S. farmers in the coming years.
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Farmers for Free Trade Executive Director Brian Kuehl shares more about the tour to gather farmers’ insights on the economic challenges they face in the ag economy.
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Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.
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According to Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh agreed to buy $1 billion worth of U.S. soybeans over the next year.
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