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


Wheat Leaders Calls Chinese Tariff on US Wheat an Unneeded or Wanted Burden on US Wheat Farmers

Wed, 04 Apr 2018 14:40:29 CDT

Wheat Leaders Calls Chinese Tariff on US Wheat an Unneeded or Wanted Burden on US Wheat Farmers With the announcement today that China intends to retaliate against the latest proposed U.S. tariffs, hard-working U.S. farmers are clearly in the line of fire from what looks more and more like an escalating trade war with China.

U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) believe wheat farmers are going to get hurt by the 25 percent tariffs China quickly proposed after the United States government announced new tariffs on $50 billion of imported Chinese goods on April 4, 2018.

“People may not know that China imported more than 61 million bushels of U.S. wheat in marketing year 2016/17, making it our fourth largest buyer in the world,” said USW Chairman Mike Miller, a wheat farmer from Ritzville, Wash. “Farmers across the country have invested a lot of money and time over the years to develop a Chinese market that has great potential to buy even more American wheat. Now that effort is in jeopardy at a time when big global supplies have already pushed farm gate wheat prices down to unsustainable levels.”

“America’s wheat farmers are experiencing several hardships and adding a 25 percent tariff on exports to China for U.S. wheat is the last thing we need during some of the worst economic times in farm country,” stated NAWG President Jimmie Musick a wheat farmer from Sentinel, Okla. “Continued drought, low prices and trade uncertainty adds pressure to passing a Farm Bill on time as well as creating uncertainty for producers and lenders. In a trade war, agriculture is always the first target. The Administration can support rural Americans by working with Chinese officials to avoid these damaging tariffs.”

The proposed Chinese tariffs would further erode the incomes of farm families who strongly support addressing the real concerns about China's trade policies. USW and NAWG know that farmers still want our organizations to keep fighting for fair opportunities to compete in China and other countries. They would prefer, however, to see our government do that within the processes already in place, as the Administration has done by challenging China's domestic support and tariff rate quota policies through World Trade Organization (WTO) dispute cases.

The groups also contend "We have also said that the proposed U.S. tariffs represent unilateral actions that violate WTO rules. We urge the Administration to pull back from this dangerous course that puts vulnerable U.S. industries like wheat production at risk and in a larger sense undermine the established rules-based global trading system."




   


 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Allendale Predicts Largest September Placements in Seven Years for Upcoming On Feed Report  Tue, 16 Oct 2018 15:58:55 CDT
  • Texas A&M Scientist Given Rare Approval to Pursue New Discovery to Feed Millions, Boost Earnings  Tue, 16 Oct 2018 15:43:18 CDT
  • Farm Bureau Commemorates World Food Day with Salute to Farmers from President Zippy Duvall  Tue, 16 Oct 2018 15:31:59 CDT
  • Steer and Heifer Calves Trade Mostly Steady on Limited Offerings Tuesday at OKC West Livestock  Tue, 16 Oct 2018 15:09:40 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday, October 16, 2018  Tue, 16 Oct 2018 15:06:54 CDT
  • Tuesday Market Wrap-Up with Justin Lewis  Tue, 16 Oct 2018 14:58:30 CDT
  • Tuesday Afternoon Market Wrap-Up with Carson Horn  Tue, 16 Oct 2018 14:19:08 CDT
  • Schulte Skeptical of USDA's Latest Outlook on OKs Wheat Crop, Pegs Numbers as Slightly Optimistic  Tue, 16 Oct 2018 12:45:48 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.