How further trade talks could affect Missouri farmers

6 days 11 hours 14 minutes 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 - The Audubon Society of Missouri (ASM) combined nature and technology with a new interactive bird sighting app. ... More >>
11 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 7:02:00 PM CDT in News
JEFFERSON CITY - A routine inspection of the Missouri River bridge in Jefferson City will close down one lane Monday... More >>
13 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 5:13:00 PM CDT in News
JEFFERSON CITY (AP) — Efforts by some Missouri legislators to make such discrimination on the basis of sexual orientation against... More >>
13 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 4:56:00 PM CDT in News
COLUMBIA (AP) — The Missouri Department of Conservation is using new technology and smarter traps to improve its efforts to... More >>
14 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 4:00:56 PM CDT in News
FULTON - An ordinance proposed in Callaway County could complicate potential confined animal feeding operation (CAFO) construction. It could make... More >>
14 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 3:30:00 PM CDT in News
COLUMBIA (AP) — A dormitory association at the University of Missouri is pushing that a new residence hall on campus... More >>
15 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 3:17:40 PM CDT in News
MARTINSBURG (AP) — An eastern Missouri family's dog has been impounded for disease monitoring after authorities said it mauled and... More >>
15 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 3:02:58 PM CDT in News
FULTON – A search party assembled at Memorial Park at 10:30 a.m. to continue the search for 31-year-old Carl DeBrodie.... More >>
15 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 2:53:00 PM CDT in News
KANSAS CITY, Kan. (AP) — Police have arrested the Kansas man charged with killing the sister of a girl whose... More >>
19 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 11:02:51 AM CDT in News
COLUMBIA — Party For A Purpose mixed the socialization of a party with conversation on mental health and suicide prevention.... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 11:36:00 PM CDT in News
COLUMBIA — The Islamic School of Columbia-Missouri invited the community to help them promote international togetherness on Saturday. The school... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 11:05:00 PM CDT in News
COLUMBIA — Future veterinary students flocked to MU campus Saturday to learn about what the College of Veterinary Medicine has... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 7:22:00 PM CDT in News
COLUMBIA — A team of veterinary oncologists at the MU Veterinary Health Center is looking for dogs with cancer to... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 6:35:00 PM CDT in News
COLUMBIA — Saturday is Earth Day and the City of Columbia has a series of recommendations on how to save... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 6:32:00 PM CDT in News
COLUMBIA — Three thousand yellow rubber ducks filled the grounds of Columbia’s Central Missouri Humane Society to raise money... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 4:30:00 PM CDT in News
JEFFERSON CITY — With House Bill 130 set to become law, Gov. Eric Greitens will smooth potholes to expansion for... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 2:58:00 PM CDT in News
KANSAS CITY (AP) — Hundreds gathered in a downtown Kansas City, Missouri, park on Earth Day in support of calls... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 2:06:00 PM CDT in News
FULTON — The Ryan's Case for Smiles mid-Missouri chapter got together on Saturday at First Presbyterian Church in Fulton to... More >>
1 day ago April 22, 2017 Apr 22, 2017 Saturday, April 22 2017 Saturday, April 22, 2017 1:26:00 PM CDT in News
Columbia, MO
Broken Clouds 51°
7am 43°
8am 48°
9am 55°
10am 61°

Select a station to view its upcoming schedule:

Coming Up Next

6:00a
KOMU 8 News Today
7:00a
Today
11:00a
Rachael Ray
6:00a
King of the Hill
6:30a
King of the Hill
7:00a
Cheaters

Tonight's Schedule

7:00p
The Voice
9:01p
Taken
7:00p
Supergirl
8:00p
Jane the Virgin
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld