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


Dairy Industry Urges Renewal of Trade Promotion Authority

Thu, 01 Jul 2021 09:57:30 CDT

Dairy Industry Urges Renewal of Trade Promotion Authority To foster further expansion of U.S. dairy exports, the National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC) called upon the Biden Administration to seek renewal of Presidential Trade Promotion Authority (TPA) following its expiration today.

TPA lays out congressional expectations for trade agreements negotiated by the Administration and establishes a clear pathway for straightforward congressional input. To remain globally competitive, future trade agreements are vital for U.S. dairy farmers, workers, and manufacturers.

The call for renewal comes on the one-year anniversary of the U.S.-Mexico-Canada Agreement (USMCA), enacted with the help of TPA. For dairy, USMCA provisions established improvements to market access in Canada and set clear standards for trade with Mexico.

USMCA also established procedures to enforce the agreement. In May, U.S. Trade Representative Katherine Tai initiated a dispute settlement proceeding over Canada's administration of dairy tariff rate quotas (TRQs) in order to preserve the market access expansion negotiated in the agreement. The U.S. dairy industry continues to monitor implementation of other key USMCA areas as well such as Canada’s Class 7 disciplines on dairy exports and Mexico’s trade-distorting regulatory proposals.

“As we celebrate the one-year anniversary of USMCA today, it’s heartening that the Biden Administration has already sent a signal to our trading partners that its terms must be upheld by launching a dispute settlement case to defend U.S. dairy market access rights in Canada,” said Jim Mulhern, President and CEO of NMPF.

“If properly implemented, USMCA is a positive step in the right direction. But it is not enough alone for U.S. dairy farmers and cooperatives to keep pace in global markets. By standing still, we slip further backward as competitors in Europe and New Zealand advance their own trade agreements with key markets. A forward-leaning trade agenda focused on expanding export opportunities for Made-in-America products is critical to dairy farmers. TPA is a vital tool in that process.”

USDEC President and CEO Krysta Harden also stressed the importance of TPA for exports.

“Foreign markets are crucial to the health and prosperity of America’s dairy farmers and processors,” said Harden. “One in six gallons of U.S. milk is destined for export, meaning that our ability to retain foreign customers in an increasingly competitive global dairy market is absolutely essential to farmers and dairy manufacturing facilities employing workers here at home.

“To accomplish that, we need to catch up with trading partners who have been speeding ahead with trade deals that give them a leg up over us in foreign markets. USMCA is an example of how TPA can help the U.S. expand trade opportunities, but that is only one advancement among many that are needed,” Harden continued. “Renewing our commitment to the global community and restoring American leadership starts with renewing TPA, so that U.S. dairy can realize new opportunities in places such as southeast Asia, Africa, South America and the UK.”

In comments to the U.S. International Trade Commission last year, NMPF and USDEC note that free trade agreements yield significant benefits for dairy farmers and manufacturers alike. Free Trade Agreements have increased U.S. dairy exports by $2.14 billion and the equivalent of 1.4 billion gallons of milk translating to $17 billion in additional dairy farmer revenue.
   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Certified Angus Beef Program is a Win for Producers, Processors and Consumers Says John Stika  Fri, 17 Sep 2021 10:48:35 CDT
  • Plexus Cotton Market Report for September 17, 2021  Fri, 17 Sep 2021 10:39:35 CDT
  • Build Back Better Reconciliation Update: House Agriculture and Ways & Means Committees  Fri, 17 Sep 2021 10:08:18 CDT
  • A Visit to an Export Elevator with United Grain Corporation  Fri, 17 Sep 2021 10:00:32 CDT
  • Bryant Pecan Farm to Host Free Pecan Field Day in Ada, Okla  Fri, 17 Sep 2021 09:04:30 CDT
  • NASDA announces Ted McKinney as Chief Executive Officer  Fri, 17 Sep 2021 08:47:01 CDT
  • Friday Preopening Market Update with Dave Lanning  Fri, 17 Sep 2021 07:22:31 CDT
  • Feeder Steers and Heifers Mostly Steady, Steer and Heifer Calves Unevenly Steady at Woodward Livestock  Fri, 17 Sep 2021 05:19:13 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

       
       

    Search OklahomaFarmReport.com

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

    WebReady powered by WireReady® Inc.