A new Congress means fresh faces, but newcomers might not be as well-versed in agriculture as others. One horticulture group says it is a good opportunity to advocate for agriculture.
“That’s always a challenge, both with what we call ‘freshmen,’ or the new members within Congress, as well as, frankly, a lot of the veterans [legislators],” said Kate Tynan, Senior Vice President at the Northwest Horticultural Council. “And you have new staff who are coming in, and that can be an opportunity, as much as it is a challenge, to make sure folks are up to speed.”
Tynan says the biggest issue they are trying to drive home is the growing ag trade deficit, which is set to hit more than $45 billion this year.
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Caleb Ragland, president of the American Soybean Association (ASA), shares his reaction to news of soybean sales to China, which is considered both “welcome news” and a return to near-normal trade relations.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
The U.S.-China summit raises hopes for stronger exports and reduced barriers, but U.S. ag players should remain strategically cautious until concrete volumes and certifications materialize.
Rollins will also tour a small soybean operation in Iowa before her appearance at Lucas Oil Stadium.