Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
    
   
   
   
   

Agricultural News


Coalition Pushes for Korean FTA

Mon, 24 Jan 2011 16:58:24 CST

An ad hoc coalition of agricultural and food organizations and companies has sent a letter to members of Congress urging lawmakers move to approve the free trade agreement between the United States and the Republic of Korea. Agreement on an outstanding issue with automobiles makes it possible to move the FTA agreement forward.

The coalition letter, signed by 61 groups, emphasized that other countries are moving forward with FTAs with South Korea to the detriment of the United States. The letter states: "Risks for U.S. agriculture and they are extremely serious arise if the KORUS FTA is not implemented. If this agreement is rejected, we stand to relinquish our export sales to countries that have implemented their own FTAs with Korea."

Once the KORUS FTA is implemented, more than 60 percent of existing import barriers will be removed immediately this amounts to nearly 3-billion dollars in U.S. food and agricultural products. According to an analysis by the American Farm Bureau Federation, the KORUS FTA would result in 1.8 billion in additional sales to Korea, a 46 percent increase over existing sales. The coalition pointed out that the new exports would create thousands of new jobs on the farm and in rural communities and throughout the economy.

 

WebReadyTM Powered by WireReadyNSI

 


Top Agricultural News

  • Oklahoma Cash Grain Report for Monday, August 3, 2020  Mon, 03 Aug 2020 17:58:54 CDT
  • USDA Crop Progress Report Shows Crops Speeding Towards Maturity On Schedule And In Great Shape  Mon, 03 Aug 2020 16:26:07 CDT
  • Monday, August 3, 2020 Market Wrap-Up with Justin Lewis  Mon, 03 Aug 2020 15:00:07 CDT
  • OSU Homecoming 2020 will not be Hosted Due to the COVID-19 Pandemic  Mon, 03 Aug 2020 13:03:50 CDT
  • Oklahoma Cattlemen to Host RHAA Sanctioned Ranch Horse Competition, Saturday, Aug. 22  Mon, 03 Aug 2020 12:59:49 CDT
  • OSU Extension hosting Beef Quality Assurance Certification Meetings in August  Mon, 03 Aug 2020 11:41:49 CDT
  • Noble Research Teams Receive OCAST Grants  Mon, 03 Aug 2020 11:38:49 CDT
  • Dr. Derrell Peel on Beef Demand and Macroeconomics  Mon, 03 Aug 2020 09:18:49 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.