June 30, 2011

Doubt over weather FTA deal will move forward

Doubts over the new Free Trade Deals (FTA's) as the Senate Committee is moving forward with mock markups of Columbia, Panama and Korea's Free Trade Agreements. The President of the American Farm Bureau Federation said that these three FTA's are worth an estimated US$2.5 billion (€1.728 billion) in new agriculture exports.

This could also generate support for up to 22,500 jobs in the US agriculture community and hopefully would eliminate trade tariffs that has plagued US ranchers /farmers. Congress is being urged to act quickly and pass the bill by the August recess. Farm Bureau President Bob Stallman says "losing this opening will come at a cost to the nation's farmers and ranchers". Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers

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