Opportunity Is Now: Lawmakers hope the new Administration will open new ag export markets

As the Trump Administration works to balance U.S. trade books, lawmakers on the Ways and Means Committee are frustrated with a lack of progress over the last four years.

Congressman Randy Feenstra of Iowa says the Biden Administration opened zero new trade markets.

“So when you talk about export markets, whether it be corn, soybeans, wheat, cotton, we haven’t opened anything; cattle, hogs, dairy, and now we have that opportunity. We’re really working with the Administration right now. Everyone is hearing about tariffs, but I’m also hearing about the opportunity to have new export markets for all our commodities, and that’s exciting to hear about.”

Feenstra says there are a lot of exciting things on the horizon for agriculture, and he hopes to see greater market access over the next four years.

Related Stories
Traders are watching for additional purchases despite continued weakness in Chinese demand.
Council leaders see new opportunities to create international demand for U.S. agriculture.
The latest Ag Economy Barometer for August shows a stronger financial outlook for producers, despite ongoing concerns about input costs.
The first grain vessel in six years is a key step for Churchill, but its long-term success depends on continued investment to integrate it into Canada’s agricultural export network.
The 15th Annual Women in Agribusiness Summit will take place later this month in New Orleans, bringing together women from across the agricultural industry to discuss markets, policy, technology, trade and the future of agriculture.
Industry leaders say protecting USMCA and access to the Canadian market remains a priority.

LATEST STORIES BY THIS AUTHOR:

Nothing changes immediately. This is a supplemental proposal, and EPA will accept comments for 30 days after publication in the Federal Register before developing a final rule.
USDA plans to reduce producer surveys while improving how agricultural data is collected and reported.
Rising transportation costs are increasing the price of U.S. corn and soybeans delivered to Japan, adding pressure to export competitiveness.
Alberta Premier Danielle Smith and Saskatchewan Premier Scott Moe have both opposed export taxes on natural resources headed to the United States.
USDA’s Ranchers First Initiative includes new risk management tools, processing programs and efforts to rebuild the American beef herd.