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.
We caught up with Karen Braun, Chief Market Analyst at Zaner Ag Hedge, at the Women in Agribusiness to discuss the data behind commodity trading.
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