Agricultural News
Cattlemen Continue to Push for FTA Passage- the Sooner the Better.
Wed, 28 Sep 2011 09:46:14 CDT
Agriculture continues to watch anxiously as Congress and the Administration wrangle over the three Free Trade Agreements that have been hanging in limbo since the latter days of the George W Bush Administration. In particular, the US Beef Cattle Industry stands to benefit if the FTA with South Korea is ratified and allowed to take effect.
Kent Bacus, NCBA manager of legislative affairs, says the recent U.S. Senate passage of the Generalized System of Preference legislation is a critical step towards passage and implementation of the pending free trade agreements (FTAs) with Colombia, Panama and South Korea. Bacus said demand for U.S. beef is there but the United States needs greater market access. He said the best way to increase exports and market access is to pass the pending FTAs.
"Ultimately, the ball is in President Obama's court. We need him to be a leader right now and send the FTAs to Congress as soon as possible. Otherwise, we will continue to run the risk of losing market share to our competitors," said Bacus.
Bacus is our guest on today's Beef Buzz.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Click on the listen bar below for today's show- and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
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