Impact of COVID-19 on Agriculture

Wall Street Journal: America’s Heartland Hurting as Farm Income has Fallen

News / In The News May 28, 2019

Credit: iStockPhoto 

The Wall Street Journal’s editorial board quoted American Farm Bureau Federation President Zippy Duvall on the decline in U.S. exports to China in 2018. Duvall said, “In 2018, U.S. agricultural exports to China declined $10 billion—about a 50 percent loss,” noted the Journal.

The editorial discussed the tough times American farmers and ranchers are facing due to trade disruptions coupled with challenges related to low commodity prices and the weather. The Wall Street Journal explained that “In 2017 U.S. farmers sent 25%—some $140 billion—of production abroad. More than 17% went to China. But then the U.S. imposed tariffs against Chinese products, and Beijing retaliated with sizable tariffs on 90% of U.S. farm exports.”

Subscribers may read the full editorial here

Share This Article

Credit: United Soybean Board // CC BY 2.0 

President Trump and USDA Secretary Perdue announced a second round of aid through the Coronavirus Food Assistance Program (CFAP). Up to $14 billion will be used to help farmers devastated by the economic disaster caused by the COVID-19 pandemic.

Full Article
 

The American Farm Bureau Federation and Missouri Farm Bureau today presented Sen. Roy Blunt (R-Mo.) with AFBF’s Golden Plow award.

Full Article