close [X]

CNBC: U.S. Farmers in ‘Precarious Position’ with China as Trade War Fears Escalate

News / In The News April 9, 2018

Credit: Javier / CC BY-SA 2.0 

American Farm Bureau Federation President Zippy Duvall was quoted in a CNBC article on trade with China. “If China follows through on its plan to impose a 25 percent tariff on soybeans, it would make global suppliers like Brazil even more attractive to Chinese buyers. It also would encourage those suppliers to add more acres of soybeans, and then negatively impact the price American farmers can get for their crop,” noted CNBC.

"Growing trade disputes have placed farmers and ranchers in a precarious position. We have bills to pay and debts we must settle, and cannot afford to lose any market, much less one as important as China's,” said Duvall.

Share This Article

Credit: AFBF 

American Farm Bureau recently recognized four state Farm Bureau presidents for membership gains in 2019.

Full Article

Online registration is open for the American Farm Bureau Federation’s 101st Annual Convention & Trade Show, Jan. 17-22, 2020, in Austin, Texas.

Full Article