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.
Global agriculture is stabilizing after years of price swings, with flat to modestly rising returns expected as productivity offsets slower demand growth.
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Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
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Cattle markets are collapsing this week, and analysts say that several factors are at play. Consumer beef prices also remain near all-time highs, threatening long-term demand.
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If confirmed, early Chinese buys tighten nearby Gulf/PNW capacity and could bump basis in export-oriented regions.
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Trade pacts with Malaysia and Cambodia unlock tariff-free and preferential lanes for key U.S. farm goods, expanding long-term demand in Southeast Asia.
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The idea of buying more beef from Argentina does not sit well with much of farm country, raising some questions from analysts and producers.
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