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


National Assoc. of Wheat Growers Says Trade Conflict with China Already Hurting U.S. Farm Families

Fri, 06 Jul 2018 11:12:39 CDT

National Assoc. of Wheat Growers Says Trade Conflict with China Already Hurting U.S. Farm Families From March to June over the past three years, Chinese flour milling companies and their importers purchased an average of about 20 million bushels of U.S. wheat, returning well over $145 million to American farm families and grain handlers. Not in 2018, however. Unable to accept the risk of escalating import prices, Chinese customers stopped making new purchases of U.S. wheat last March, after the Chinese government threaten a 25 percent import tariff on U.S. wheat in retaliation to the threat of U.S. tariffs on Chinese imports.


Today, damage to the livelihood of America’s hard-working farm families is no longer just a threat. The exchange of punitive tariffs between Washington and Beijing today represents the next phase of what could be a long and difficult struggle that will likely inflict more pain before we reach an unknown resolution.


U.S. Wheat Associates (USW), the National Association of Wheat Growers (NAWG) and the growers we represent reaffirm our position that unfair Chinese government policies create unnecessary trade distortions that hurt U.S. farmers and other industries. We urged the U.S. government to challenge China’s domestic price support and tariff rate quota compliance that led to cases disputing these policies within the World Trade Organization (WTO). These cases served notice to China and our trading partners that the United States was willing to lead a legitimate effort to enforce existing trade rules - by following those rules.


China did not stop importing U.S. wheat in response to these cases, in part because Chinese demand for our high-quality wheat crops is rapidly growing. The unilateral decision to impose tariffs, however, has already had a direct, damaging effect on U.S. wheat growers.


Wheat growers can only hope that the United States and China will stop trading salvos and we call on both governments to come to a resolution quickly. Farmers are eager to move past this dispute and start trading wheat and other agricultural products again soon.



Source - National Association of Wheat Growers




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • ARA Statement on the 2018 Farm Bill Conference Report  Tue, 11 Dec 2018 10:41:43 CST
  • ARA Statement on the 2018 Farm Bill Conference Report  Tue, 11 Dec 2018 10:39:55 CST
  • NCGA Testifies in Support of RFS  Tue, 11 Dec 2018 09:53:28 CST
  • Oklahoma National Stockyards - Oklahoma City - Close  Tue, 11 Dec 2018 07:48:50 CST
  • Tuesday Preopening Market Update with Dave Lanning  Tue, 11 Dec 2018 07:32:55 CST
  • Joplin Regional Stockyards - Close  Tue, 11 Dec 2018 05:38:02 CST
  • Farm Bureau to Work With Informa Economics to Produce Six Policy Roundtables in 2019  Tue, 11 Dec 2018 05:25:30 CST
  • US Secretary of Ag Sonny Perdue Will Encourage President Trump to Sign the 2018 Farm Bill if Sent to the White House by House and Senate  Tue, 11 Dec 2018 05:17:57 CST

  • 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.