Farmers Counting on Congress to Bring USMCA Across Finish Line

Hoffman joined Farm Policy Facts from his farm in New Ulm, Minnesota to share with Groundwork listeners how momentum is building both across the heartland and within the halls of Congress to move immediately on the ratification of the U.S.-Mexico-Canada Agreement. Prospects for passage of the so-called USMCA received a big boost in recent weeks as the United States and its trading partners reached agreements eliminating or avoiding tariffs tied to metal imports and immigration policy.

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Our View: Financial Woes on the Farm Bode Ill for the Nation

Rural America is resilient. Our farmers will continue to work the land in hopes that the next season will bring renewed abundance. But they are also relying on Washington, DC to take decisive action to stand by U.S. farm families as we negotiate a quick end to ongoing trade disputes. Standing idle and allowing rural America to endure another farm crisis like the one we faced in the 1980s would set our economy back in incalculable ways.  We must support our farmers through these challenging times, just as they support us every day.  

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New Podcast Brings Farm Policy to Public, Congress

Farm Policy Facts recently caught up with two sugar farmers who traveled to Washington last month to make the case for smart farm policies. Their stories were captured in a new podcast, Groundwork, that debuts April 22 on farmpolicyfacts.org. Hear more from Snyder and Medine on Groundwork. The monthly show will focus on a range of policy issues that are important to American farmers in upcoming episodes.

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Subsidy Spotlight: India

Earlier this week, President Donald Trump and his trade team announced a modernized trade pact with Mexico and Canada, and most of agriculture cheered.  But it was a comment about another country during the White House press conference that really caught our attention. India is “the tariff king,” the President said.  “India charges tariffs of 100 percent … that’s not free trade.”

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Surveys Show Rural America Continues to Struggle

America’s struggling farm economy is heading for even bigger declines, according to recent surveys, and the nation’s top bankers say manufacturers should expect a major drop in sales of new equipment. Inflation-adjusted net farm income, which is a broad measure of profits, is expected to be down by $11.4 billion, or nearly 15 percent, this year compared to 2017, according to USDA’s August Farm Income Forecast.

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