How further trade talks could affect Missouri farmers

3 months 2 days 13 hours ago April 17, 2017 Apr 17, 2017 Monday, April 17 2017 Monday, April 17, 2017 7:14:00 PM CDT in News
By: By Adam Duxter
loading

COLUMBIA - During a town hall meeting earlier this week, Senator Claire McCaskill expressed concern for the future of Missouri farmers after the United States left the Trans-Pacific Partnership earlier this year.

Farmers in Missouri see the Trans-Pacific Partnership, or TPP, as a missed opportunity. Entering into the trade agreement would have brought more than four billion dollars in additional revenue to the U.S. agriculture industry, according to Blake Hurst, Missouri Farm Bureau Board of Directors President.

The deal also would have increased access for meat and dairy.

Hurst says this would have increased demand for Missouri corn and soybeans, the state's top exports.

"We had an opportunity, and it's gone now. So that is a concern," said Hurst.

Still, he holds hope the agriculture industry can continue to grow through other agreements and trade acts.

"It may be possible to recreate this agreement with some of the bi-lateral agreements the president has talked about, but it is still a concern," said Hurst.

Hurst added the additional income for Missouri farmers could have been a stimulant for the state's economy overall. "We're consumers, we're just like everybody else in mid-Missouri. Grocery stores, movie theaters, all of the places where we might spend income were harmed by this loss of this opportunity."

Shane Kinne, Director of Public Policy at the Missouri Corn Association agrees, and thinks the impacts go beyond just farmers. He said consumers would have been one of the biggest beneficiaries of the TPP.

"When you have free movement of products from one country to another, we think we see the consumer win every time," said Kinne.

Those who support President Trump's decision to leave the TPP say staying in the pact would have led to more U.S. companies moving jobs out of the country, but Hurst says this comes at a time when farmers in the U.S. are hurting.

He claims farm incomes have decreased for four consecutive years- something that hasn't happened since the great depression.

"It was a time when we really needed a boost," he said.

Still, Hurst hopes with the upcoming renegotiation of the North American Free Trade Act, Missouri Farmers can see a boost in the near future.

 

 

More News

Grid
List
COLUMBIA - A community based organization that provides tutoring services, dance classes, and other skills to children in Columbia is... More >>
1 hour ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 2:42:00 PM CDT in News
COLUMBIA - Welcome Home had the grand opening of its new facility Thursday morning. It offers 32 rooms with 34... More >>
2 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 1:43:00 PM CDT in News
ST. LOUIS (AP) — A federal appeals court has upheld a judge's order that Missouri taxpayers pay more than $156,000... More >>
2 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 1:42:54 PM CDT in News
ROLLA - A drug deal turned violent Wednesday night, leaving a woman hospitalized with a gunshot wound to her head.... More >>
4 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 11:08:00 AM CDT in News
JEFFERSON CITY — The Jefferson City Police Department confirmed Thursday that two teenagers were found dead one day after they... More >>
4 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 10:59:00 AM CDT in Top Stories
COLUMBIA — Columbia Police are investigating a home invasion and armed robbery at the Campus View apartment complex Wednesday night.... More >>
5 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 10:07:00 AM CDT in News
ST. JOSEPH (AP) — Authorities say three people have been wounded in a shooting at a St. Joseph apartment complex.... More >>
6 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 9:18:00 AM CDT in News
ST. LOUIS (AP) — A 27-year-old St. Louis jail inmate is hospitalized in critical condition after being found beaten in... More >>
6 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 9:06:00 AM CDT in News
SULLIVAN, Mo. (AP) — Thousands of ticks have been collected for testing from a Missouri park after a worker died... More >>
7 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 8:42:00 AM CDT in News
COLUMBIA - If you live in southwest Columbia, the city has a suggested watering schedule that might affect you. ... More >>
7 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 8:35:00 AM CDT in News
CAMDEN COUNTY - Authorities are asking for help in locating a missing man who is considered endangered. James Hanberry... More >>
7 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 8:34:00 AM CDT in News
NORTHMOOR, Mo. (AP) — Prosecutors have filed charges against a man accused of driving off in a suburban Kansas City... More >>
8 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 7:18:00 AM CDT in News
SPRINGFIELD, Mo. (AP) — Authorities say a man is being questioned in the death of a woman in southwest Missouri.... More >>
8 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 7:14:00 AM CDT in News
KANSAS CITY, Mo. (AP) — A Missouri appellate court says a judge's blocking an ethics panel from requiring a conservative... More >>
8 hours ago July 20, 2017 Jul 20, 2017 Thursday, July 20 2017 Thursday, July 20, 2017 7:09:00 AM CDT in News
COLUMBIA - A sentencing hearing will enter its second day Thursday for a 27-year-old man found guilty of raping three... More >>
17 hours ago July 19, 2017 Jul 19, 2017 Wednesday, July 19 2017 Wednesday, July 19, 2017 9:46:00 PM CDT in News
FULTON - After two months of discussion, MU Health announced it will sell its 35 percent stake in the Fulton... More >>
21 hours ago July 19, 2017 Jul 19, 2017 Wednesday, July 19 2017 Wednesday, July 19, 2017 6:34:00 PM CDT in News
Note: Above you will find the story that aired as well as full interviews with Linda Godwin and Alex Young.... More >>
21 hours ago July 19, 2017 Jul 19, 2017 Wednesday, July 19 2017 Wednesday, July 19, 2017 6:10:00 PM CDT in Eclipse Science
JEFFERSON CITY, Mo. (AP) — Missouri Republicans are coalescing around Attorney General Josh Hawley as their favored candidate to challenge... More >>
22 hours ago July 19, 2017 Jul 19, 2017 Wednesday, July 19 2017 Wednesday, July 19, 2017 5:21:00 PM CDT in News
Columbia, MO
Broken Clouds 98°
4pm 98°
5pm 98°
6pm 97°
7pm 95°

Select a station to view its upcoming schedule:

Coming Up Next

3:00p
Dr. Phil
4:00p
Jeopardy!
4:30p
Jeopardy!
3:00p
The Robert Irvine Show
4:00p
Cops Reloaded
4:30p
The Cleveland Show

Tonight's Schedule

7:00p
Hollywood Game Night
8:00p
The Wall
9:00p
The Night Shift
7:00p
Penn & Teller: Fool Us
8:00p
Hooten & the Lady
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld