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


ITC Report Underscores Importance of NAFTA and Passing USMCA for US Agriculture

Fri, 19 Apr 2019 07:54:45 CDT

ITC Report Underscores Importance of NAFTA and Passing USMCA for US Agriculture    

Today, the U.S. International Trade Commission (ITC) released its report on the economic benefits of the United States-Mexico-Canada agreement (USMCA). NAWG President and Lavon, Texas farmer Ben Scholz issued the following statement in response:

“It is critical for Congress to understand how substantial USMCA is for agriculture, especially the undervalued wheat market. As the International Trade Commission (ITC) report just assesses the USMCA agreement as compared to the status quo (NAFTA), in which U.S. wheat farmers already have free market access, it doesn’t fully capture the importance of USMCA.

“Once NAFTA was implemented, U.S. wheat exports to Mexico shot up to an annual average of almost 3 million metric tons (more than 100 million bushels). This made Mexico the largest U.S. wheat importer in the world in the 2016/17 marketing year

“Additionally, USMCA captures the original intentions of NAFTA while improving some of the provisions for wheat growers. It retains tariff-free access to imported U.S. wheat for our long-time flour milling customers in Mexico. Furthermore, the USMCA makes important progress towards more open commerce for U.S. wheat farmers near the border with Canada by working to fix the broken grain grading system and making trade more reciprocal along the U.S.-Canadian border.

“The ITC report is not reflective of vast benefits USMCA will bring to agriculture. A vote for USMCA means more jobs for Americans, stronger export markets for farmers to sell their crop, and billions of dollars added to the economy.”

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Placements End Up Being Friendly in the May First Cattle on Feed Report- Dr. Derrell Peel Offers His Analysis  Fri, 24 May 2019 16:35:07
  • Governor Stitt Signs General Appropriations Bill for FY2020, Including $3.29 Million for Ag, Rural OK  Fri, 24 May 2019 14:39:53 CDT
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 24 May 2019 14:21:45 CDT
  • OK's 2019 Legislative Session Wraps Up, OKFB's Steve Thompson Recaps on Ag's Many Victories  Fri, 24 May 2019 14:45:08 CDT
  • Scott Yager Says Beef Industry Pushing Back on Green New Deal Plan to Eliminate Cattle Production  Fri, 24 May 2019 10:38:45 CDT
  • Atop the RON Rural Soapbox - Former Secretary John Block  Fri, 24 May 2019 07:16:50 CDT
  • Friday Preopening Market Update with Dave Lanning  Fri, 24 May 2019 07:10:23 CDT
  • National Cotton Council Grateful for Latest Trade Mitigation Payment Plan Announced by Trump Administration  Fri, 24 May 2019 06:08:21

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.