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

  • Water Resources Center part of Five-year USDA Dam Project  Fri, 23 Jul 2021 09:38:47 CDT
  • Research Shows Grazing Cattle Provide Many Benefits For Both Humans And The Environment  Fri, 23 Jul 2021 06:50:48 CDT
  • Plains Grains Calls Southern Plains Wheat Harvest 100 Percent Done for 2021  Fri, 23 Jul 2021 05:37:21 CDT
  • Feeder Steers Steady to Higher, Feeder Heifers Higher, Steer and Heifer Calves Unvenly Steady at Woodward on Thursday  Fri, 23 Jul 2021 05:25:39 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m, Thursday, July 22  Thu, 22 Jul 2021 16:20:08 CDT
  • Oklahoma optimism is High as 91% of the State remains Drought free According to the latest Drought Monitor   Thu, 22 Jul 2021 16:09:42 CDT
  • Cattle Hides in High Demand- Pushing Drop Credit Values to Best Levels Since 2015  Thu, 22 Jul 2021 14:19:41 CDT
  • Dr. Rosslyn Biggs offers advice on Testing New Additions to the Herd  Thu, 22 Jul 2021 13:36:27 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.

    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.