USMCA Takes Effect: Welcome News for Struggling Farmers

The United States-Mexico-Canada Agreement (USMCA) goes into effect tomorrow, at a crucial time for farmers and ranchers struggling to recover from COVID-19 losses and a depressed agricultural economy. The expected $2 billion annual increase in U.S. agricultural exports and overall increase of $65 billion in gross domestic product will provide a welcome boost. USDA estimates COVID-19 contributed to a $50 billion decline in commodity value alone for 2019, 2020 and 2021 production totals.…

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USDA Announces Continued Progress on Implementation of China Phase One Agreement

(Washington, D.C., March 10, 2020) – U.S. Secretary of Agriculture Sonny Perdue announced today that China has continued its progress in implementing the U.S.-China Phase One Economic and Trade Agreement and has taken several additional actions to realize its agriculture-related commitments. The agreement entered into force on February 14, 2020, and the actions announced today build upon the measures announced on February 25. The most recent actions include: Signing a protocol that allows…

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Secretary Perdue Statement on Canada Passing USMCA

(Washington, D.C., March 13, 2020) – U.S. Secretary of Agriculture Sonny Perdue issued the following statement after the Canadian Parliament approved the United States-Mexico-Canada Agreement (USMCA):   “USMCA is a great victory for America’s agriculture industry, and I am pleased to see Canada’s Parliament approved the deal today. USMCA locks in and expands access to our neighbors to the North and South. I thank President Trump for negotiating this deal and for always…

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As World Celebrates New Year, American Cattlemen Celebrate New Trade Deals

(NCBA) — National Cattlemen’s Beef Association President Jennifer Houston issued the following statement regarding the new trade deals with Japan and the European Union (EU), which go into effect on New Years Day: “As the clock struck midnight and revelers around the world popped champagne and toasted the new year, American cattle producers had two big reasons to celebrate. That’s because the New Year brings new opportunities and better access to two of…

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Trade and Animal Health Practices: Are they paying?

Dr. Elliott Dennis, Assistant Professor, Livestock Marketing Economist, Department of Agricultural Economics, University of Nebraska – Lincoln This past year has seen several important trade agreements agreed to which will directly benefit the beef complex. The Japanese-U.S. trade deal will effectively lower tariffs for 90% of beef commodities from 38.5% to 9% between 2019 and 2033. The European Union-U.S. trade deal will increase the quota limit of hormone free beef for the U.S.…

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Secretary Perdue Statement on House Passage of USMCA

(Washington, D.C., December 19, 2019) - U.S. Secretary of Agriculture Sonny Perdue issued the following statement after the House of Representatives passed the U.S.-Mexico-Canada Agreement (USMCA) by a bipartisan vote of 385-41.   “I’ve long said that support for USMCA crosses political parties, the bipartisan passage of the agreement today is proof of that,” Secretary Perdue said. “I am pleased the House finally brought this agreement to a vote and encourage quick passage…

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U.S. Farmers Eager to Return to Global Competitiveness

The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “America’s farmers and ranchers are eager to get back to business globally.  Progress restoring our ability to be competitive in China is a key component of that and this development is welcome news. We appreciate the administration’s initiative and look forward to further progress toward resolving this trade battle. China went from the second-largest market for U.S. agricultural products…

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