Saturday, February 01, 2020

Farmers Don't Believe Trump's Trade Promises?

From Chris Clayton's report on the recent American Farm Bureau convention's policy recommendations:
"Still, Farm Bureau members voted to keep language in the policy book supportive of MFP payments even with President Donald Trump touting trade wins in China and the congressional approval of the U.S.-Mexico-Canada Agreement (USMCA). 
"Our members are basically saying 'Show us results'," said Scott VanderWal, a South Dakota farmer and AFBF's national vice president. "We're very, very happy the president has the China phase-one agreement in place, USMCA in place and will be signed very soon, but no products have moved, implementation hasn't happened yet, and it's kind of a 'prove it to me' thing. When we get down the road, there is nothing we would like better than to really see these agreements kick in and show us some expanded market opportunities, and hopefully the markets will come back with that to where we can go back to making all of our income off the market rather than having the government make up for those trade disputes and the damage to the market that has been done."

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