NCBA's Colin Woodall Optimistic Outlook for TPA and TradeFri, 08 May 2015 12:23:02 CDT
Is it possible that we could see Trade Promotion Authority passed yet this month? Maybe, according to National Cattlemen's Association Vice President of Government Affairs Colin Woodall. The Senate Finance Committee and the House Ways and Means Committee passed their version of TPA, so the next step is the floor of the House and Senate. He said NCBA can support both bills and they are hopeful that TPA can get to the President's desk by the Memorial Day recess.
"If we can do that, then I think we definitely have the opportunity finish up the Trans-Pacific Partnership and now start looking at some new deals," Woodall said.
Radio Oklahoma Network Farm Director Ron Hays featured Woodall on the Beef Buzz. Click or tap on the LISTEN BAR below to listen to today's Beef Buzz.
With more bipartisan support for TPA in the Senate, Woodall said they would like to see the Senate vote first on TPA before it's brought up in the House. The House has some concerns with giving President Barack Obama Trade Promotion Authority.
In looking at trade and this Administration, Woodall said trade is a very positive area. In working with the U.S. Trade Representative and the U.S. Department of Agriculture, he said they have had some great opportunities to move forward with expanding trade opportunities for cattlemen.
"They are very supportive of TPA and you have to remember that TPA is not just the President, Woodall said. "Congress does have involvement here, the U.S. Trade Representative has involvement here and the industry has involvement here, so there are a lot of opportunities to see what he is doing and to engage."
If passed, TPA would go into effect for five years, so that would extend well into the term of the next President as well. Woodall said TPA is so important to expand trade in new markets and also make progress in reopening closed markets. He said today trade is adding $350 per marketed head. With TPA and future trade agreements, he said that value will only go up.
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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