Lawmakers like Texas Representative Jodey Arrington say trade has been unbalanced for too long.
During a hearing on the Hill this week, he said the current trade rules would never fly if it was played like a basketball game.
“You know, I can’t imagine the Texas Tech Raiders taking on the Arkansas Hogs and let the Arkansas Razorbacks shoot lay-ups for their free throws, or pick up the ball and run with it instead of dribbling, I mean can you ever imagine watching a competition where there were two sets of rules. Now, we’d still beat them, no question, under any set of rules and circumstances, but anyway, it just seems to me that it’s un-American not to fight for our manufacturers, producers, and workers to simply have an even playing field.”
Arrington made those comments during a House Ways and Means Committee hearing on trade. Several ag groups spoke before the panel, highlighting the need to keep trade affordable.
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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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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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A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
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