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


Soybean Growers Strongly Discourage President Trump from Ordering a Withdrawal from NAFTA

Wed, 26 Apr 2017 16:28:13 CDT

Soybean Growers Strongly Discourage President Trump from Ordering a Withdrawal from NAFTA Following reports Wednesday that an executive order is being prepared that would withdraw the United States from the North American Free Trade Agreement (NAFTA), American Soybean Association (ASA) President Ron Moore, a soybean farmer from Roseville, Ill., warned in a statement that such a move could have disastrous consequences for the nation’s leading agricultural export in light of the still-struggling U.S. agricultural economy.


“Without mincing words, initiating a process to withdraw from NAFTA is a terrible idea, and it will only mean a longer and more difficult struggle for farmers to recover in this economy. With surplus production and domestic prices lagging, we need more opportunities and easier avenues to sell our products abroad, and signaling the U.S. intent to withdraw from NAFTA runs absolutely counter to that goal. Soybean farmers sent more than $2.5 billion in soybeans, meal and oil to Mexico last year, making it our number two market overall and the leading purchaser of U.S. meal and oil. Canada is number three in meal sales and number 10 in oil. Add to that the sales of the meat, dairy and eggs that require soy meal as animal feed, our North American partners are unquestionably among the most vital and vibrant markets for American soybeans.


“If any actions to announce the intent to withdraw from NAFTA are underway, the administration should immediately abandon such plans and focus instead on ways to work with Canada and Mexico to modernize and optimize the agreement during a renegotiation. ASA has been supportive of the administration’s efforts to improve NAFTA. That’s where the action should be; beginning withdrawal procedures before modernization negotiations even take place are counterproductive and send the wrong signal. Further, a U.S. Trade Representative is still waiting to be confirmed, and Agriculture Secretary Sonny Perdue just was sworn in yesterday. We need to give both time to have input on NAFTA modernization.”



Source - American Soybean Association





   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Monday, March 1, 2021 Market Wrap-Up with Justin Lewis  Mon, 01 Mar 2021 15:53:42 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m, Monday, March 1 2021  Mon, 01 Mar 2021 15:02:38 CST
  • 12 House Ways & Means Members Call on Treasury to Withdraw Section 199A Rules for Farmer Co-ops  Mon, 01 Mar 2021 12:35:17 CST
  • Optimism in Beef Industry Fueled by Strong Demand with Higher Prices Anticipated  Mon, 01 Mar 2021 11:46:22 CST
  • Dr. Derrell Peel on the U.S. Beef Export Situation and Update   Mon, 01 Mar 2021 11:39:16 CST
  • Governor Still Appoints Shelley Paulk to OK Tax Commission   Mon, 01 Mar 2021 11:31:54 CST
  • The Victor Ranch Receives Oklahoma Leopold Conservation Award  Mon, 01 Mar 2021 09:24:30 CST
  • USDA Announces Dr. Dewayne Goldmon as Senior Advisor, Racial Equity, and Andy Green as Senior Advisor, Fair and Competitive Markets  Mon, 01 Mar 2021 09:20:56 CST

  • 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


       
       
    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.