In this opinion piece, Lucas Lentsch, CEO of the United Soybean Board (USB), and Kailee Tkacz Buller, President and CEO of the National Oilseed Processors Association (NOPA), highlight the steps the industry has taken to reduce its carbon footprint and how this new data will lend itself to future market opportunities for U.S. soy products.
China plans to grow nearly 90 per cent of the grain it needs by 2032, while also reducing imports, with food security high on the agenda for Beijing amid rising geopolitical tensions and the Ukraine war.
China faces a corn-supply shortfall that could put it at the mercy of imports, and this flies in the face of Beijing’s efforts to reduce reliance on external sources.
i was in a meeting today with the secretary of agriculture, and he absolutely is briefing the president all the time on factors of the sector. i think that the farm bankruptcy issue is something we have to pay close attention to. there are a lot of factors driving farm prices this year, in addition to trade. there was a bumper crop in s soybeans and so on. i think in the end, the strong economy is going to drive consumption and increase agriculture and everything else. the final thing is that the trade deals are moving forward. ambassador lighthizer and secretary mnuchin are still working on the deal with china. and we ve got the usmca deal that could pass and help farmers by opening up markets in canada. the president has been fighting for farmers. as the trade dales are realized, we ll open up new markets to our farm products and see those numbers reverse. all right, kevin, thank you very much. i appreciate your time. great to be here. and next, president trump slamming georg
philadelphia. we ll follow that story. some of america s hardest working men and women are farmers. and they are feeling caught in the middle of a president trump s fight with china on trade. and they re asking the president to rethink his position on the matter before it s too late for them. correspondent doug mckelway has part one of our series on the fate of american farms. douglas comey and his employees arrive at one of hundreds of fields they farm throughout virginia. but the wind means spreading fertilizer will have to wait. unpredictable weather like this has kept farmers looking at the up sky for centuries. today they are also looking towards washington. china has trend retaliation of the proposed 25% tariff on u.s. corn, s soybeans and many other u.s. agricultural exports. it would put many people out of business, including maybe myself. we can t keep going without nothing. the looming trade war has rallied farm state lawmakers who see widespread economic