With America’s farm economy in the doldrums, leaders from the American Farm Bureau Federation (AFBF) and the National Farmers Union (NFU) today said that smart policies are needed to weather the storm.
Members of Michigan’s Congressional Delegation Address Symposium, Pledge Support for Strong Sugar Program
As Congress works to complete the 2018 Farm Bill, bipartisan members of Michigan’s Congressional delegation showed their support for America’s sugarbeet and sugarcane producers at this week’s 35th International Sweetener Symposium.
Tearing down trade barriers and holding our trading partners accountable to their World Trade Organization (WTO) obligations top the priority list, he explained. Doud singled out China and India among the biggest subsidy abusers in agriculture and said reform is needed.
Prices continue to fall on the world sugar market as overproduction, fueled by government subsidies, further depresses what has long been considered to be the world’s most distorted commodity market.
On the heels of the latest Farm Bill debate, which saw attacks against America’s no-cost sugar policy soundly rebuffed, Roney questioned whether interest in outsourcing U.S. production to foreign subsidizers had finally fizzled.
Leaders from America’s sugar industry just arrived in Michigan and will begin their annual convention this week in Traverse City. Officials from the Trump administration, members of the state’s congressional delegation and renowned market analysts are here, too.