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.
Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
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China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
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Lamb prices have seen a surprising surge driven by a tight supply and increasing demand in non-traditional markets.
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Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
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“We believe that it is just a matter of days or weeks... before we see New World screwworm in Texas.”
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Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
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