U.S. cotton producers are applauding an executive order ending duty-free treatment for low-value imported goods, which had allowed shipments under $800 to enter the U.S. tariff-free with minimal inspection.
Jeff Kuckuck with the National Cotton Council spoke with RFD-TV’s Suzanne Alexander about the decision’s background, the impact on the cotton and textile sectors, and farm income moving forward.
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The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
