The nominee for USDA Undersecretary of Agriculture for Trade and Foreign Agricultural Affairs says the U.S. has “given up” its role in feeding the world.
Trade nominee Luke Lindberg tells lawmakers that enough is enough.
“Our ethanol producers are no longer competitive in Brazil because of Brazilian import tariffs. Our hog farmers cannot export pork to Brazil, India, Nigeria, Jamaica, Namibia, or Thailand. Mexico has enjoyed a 557% increase in specialty crop imports into the United States in just the last decade. Canada has rigged the USMCA agreement terms against our dairy and wheat farmers.”
Lindberg says another major offender is the EU, noting it is responsible for about half of the U.S. trade deficit. He tells lawmakers he wants to take a “strategic and targeted” approach when assessing the markets. From there, he says they can begin breaking down trade barriers. Lindberg still faces a full Senate vote.
Traders say that shift could eventually prompt the USDA to scale back soybean export projections, noting the outlook differs greatly for other grain commodities.
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Often overlooked, cotton wholesalers act as stabilizers during market stress, translating fragmented retail demand into workable production programs for mills and manufacturers.
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Early indications suggest the U.S. cattle industry may be nearing the end of its liquidation phase. Oklahoma State University livestock economist Dr. Derrell Peel says the industry could be at or near the cyclical low.
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Reliable waterways lower costs, protect export demand, and support long-term farm profitability.
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USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg joined us with a recap of the Malaysia trade mission and a look at USDA’s broader trade strategy moving forward.
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Mike Steenhoek of the Soy Transportation Coalition shares how extreme winter weather is affecting the ag transportation network and what producers should keep in mind as conditions slowly improve.
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