The United States Department of Agriculture Secretary Sonny Perdue visited North Dakota farmers in Harwood today.
Secretary Perdue visited with North Dakota farmers today to hear their concerns with what’s going on in the world of agriculture.
The hot topic of today was the USMCA, which is an agreement to expand trade with Mexico and Canada.
The North Dakota Soybean Growers Association says today’s talks are still as important as ever because trade for the soybean industry hasn’t been doing so hot lately.
Due to discounted prices, The president of the soybean growers association says they’re losing about 38 dollars an acre.
He says margins are tight enough, and the trade agreements would help them all.
Perdue also talked about the ongoing trade wars with China. He says they’re still trying to negotiate, to address unfair trade practices– and provide better access to Chinese markets.
“China is our main source of trade–70 percent of our beans go to China and with 90 percent of our beans leaving state all together–trade is big for us,” said Joe Erickson, President of ND Soybean Growers Association.
President Trump met with the Japanese prime minister this week and plans to continue trade negotiations during a trip to Japan in May.
Japan is the fourth largest agriculture export market behind Canada, China, and Mexico.