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.
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Bangladesh’s buying surge offers temporary relief for U.S. farmers facing weaker Chinese demand, highlighting how global politics can reshape export outlets overnight.
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RFD-TV Markets Expert Tony St. James breaks down the USDA’s newly unveiled plan to rebuild the US beef herd and the industry’s spectrum of responses to it.
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American Farm Bureau Federation (AFBF) economist Bernt Nelson provides an updated outlook on the current U.S. cattle market.
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Sen. Roger Marshall explains which types of beef are imported into the United States, how there’s room for new imports, and logical reasons for current high prices.
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