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Shining Light on Farm & Food Policy for 20 Years.
Thursday, November 28, 2024
Our guest on Open Mic this week is Jim Walker, Vice President of Case IH North America Agricultural Division. Ag equipment manufacturers were able to overcome the costs of research and development to meet Tier 4 emission standards during an upswing in crop prices and net farm income. Now with discussion of Tier 5 standards, Walker believes legislators should measure the costs and incremental benefits of even tighter emission standards. Walker says a more predictable tax code and relief from estate taxes would help farmers and the agriculture equipment industry weather the downturn in commodity prices.
Senate Agriculture Committee Chairman Pat Roberts is featured on this Agriculture Week edition of Open Mic. As an overseer of ag policy, Roberts plans upcoming hearings on the Environmental Protection Agency's Waters of the U.S. definition, Cuban trade policy, and crop insurance. As a member of the Senate Finance Committee, Roberts is working toward possible revisions of the US tax code as well as Trade Promotion Authority for the Obama Administration. Listen in to learn more.
Our guest on Open Mic is National Farmers Union President, Roger Johnson. As the group prepares for their 2015 convention, Johnson shares his support for current farm bill and opposes any attempt to return to open policy debate. NFU members oppose Trade Promotion Authority for the Obama Administration, but support liberalizing trade with Cuba. Johnson and the NFU are strong supporters of Country of Origin Labeling policy and don't believe Canadian trade retaliation is imminent. The NFU stepped away from the Beef Checkoff Enhancement Working Group and Johnson says he's certain the NFU won't support the current memorandum of understanding being circulated by the group.
In this week’s Open Mic, Ambassador Darci Vetter, Chief Agriculture Negotiator with the Office of the U.S. Trade Representative, provides an update on the Trans-Pacific Partnership (TPA) negotiations, as well as the ongoing Transatlantic Trade and Investment Partnership (TTIP) talks. Vetter says the nation’s agriculture industry cannot afford to be isolated from the other ninety-five percent of the globe’s population or growth in its middle class. Support from farmers and ranchers will be crucial in advancing an ambitious trade agenda, she adds.
The legislative effort to end the US Trade Embargo with Cuba has begun with bipartisan legislation introduced by Minnesota's senior U.S. Senator Amy Klobuchar. The 'Freedom to Export to Cuba' bill would eliminate the trade embargo in place for more than 50 years. In this week's Open Mic, Sen. Klobuchar explains why policy changes in Cuba and the construction of a new port facility make the time right to turn the page on U.S. trade policy toward the communist island nation.
Farmers are facing a cyclical turn in the industry with a period of lower crop prices, reduced net farm income and a likely increase in interest rates.This week's guest on Open Mic is David Lynn, Senior Vice-President for Financial Services with Farm Credit Mid-America. Lynn believes the industry is better prepared than in years past to weather the financial downturn. Lynn says farmers are more dependent on crop insurance than ever before and he fears program changes could put more farmers at risk. Lynn believes the uncertain US tax code is a challenge for farmers and says commercial ag lenders would be better served to look for ways to work together to serve rural communities than challenging a lending institution that operates under strict guidelines from the federal government.
