NEFB pushes for policy change in agricultural exports

“It’s critical the administration understands the connection. It has been a year since President Biden has taken office and we have seen next to nothing happening on trade," said NEFB President, Mark McHargue.
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LINCOLN, Neb. (KLKN) – The Nebraska Farm Bureau (NEFB) has outlined three agricultural trade priorities for the Biden administration to take action on in 2022.

NEFB believes the Biden administration needs to implement policy changes to expand international trade and help farmers across the country.

According to NEFB, international trade of agricultural exports accounts for about 30 percent of Nebraska farmers’ profits. NEFB says international trade is vital to the economic future of Nebraska’s agricultural economy.

“It’s critical the administration understands the connection. It has been a year since President Biden has taken office and we have seen next to nothing happening on trade,” said NEFB President, Mark McHargue. “It’s the reason we’ve identified these trade actions the administration can take to support our farm and ranch families. Growing markets is vital to the health and profitability of our family businesses.”

NEFB’s list of policy changes includes growing to new markets, reaffirming the importance of the World Trade Organization, and working to establish a long-term trading relationship with China.

“Given China’s importance as a trading partner to U.S. farmers and ranchers, it is vitally important the U.S. and China move beyond the Phase One agreement,” said McHargue. NEFB urges President Biden to normalize trade relations with China and push for the complete elimination of all tariffs on U.S. agriculture products going to China. At the same time, forcing China to play by approved international trade rules is also key.”

Along with identifying policy changes, NEFB released their 2020 Nebraska Agriculture and International Trade Report. NEFB put together data from USDA’s final trade numbers released in October 2021.

The report valued Nebraska’s agricultural exports at $7.1 billion in 2020, making it the fifth-largest agriculture exporting state in 2020. The top three exports from Nebraska in 2020 include soybeans, beef, and corn.

The top five exporting counties in 2020 included Platte, Custer, Cuming, Antelope, and Boone counties. The report estimated Platte County’s export value at $191 million in 2020.

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