Washington Comes to Agreement on Trade for Farmers
After many months of negotiations, Speaker of the U.S. House of Representatives Nancy Pelosi announced Tuesday (12/10) that the White House and Congress had come to an agreement on the U.S.-Mexico-Canada Agreement (USMCA).
This is good news for farmers. Trade with our two neighboring countries on grains and beef are critical to the United States agriculture industry.
National Cattlemen’s Beef Association President Jennifer Houston issued the following statement regarding Tuesday's announcement,
"There is no higher policy priority for America's beef producers than maintaining our duty-free access to Canada and Mexico, and that's exactly what the USMCA will do. The Trump Administration and Speaker Pelosi deserve credit for working together to get this deal done, and now is the time for Congress to approve USMCA so our producers can move forward with the certainty they need and deserve."
National Corn Growers Association President Kevin Ross pointed out that his organization's top legislative priority in 2019 has been passing USMCA. The corn growers applaud the announcement.
The American Soybean Association (ASA) is pleased as well. ASA President Davie Stephens says, "This deal is a positive for U.S. soybean farmers."
Mexico is the number two market for whole beans, meal and oil, and Canada is the number four buyer of meal and #7 buyer of oil for U.S. soybean farmers, making the trade agreement essential.