How further trade talks could affect Missouri farmers

2 months 1 week 3 days 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
ST. LOUIS — Ryan Ferguson has settled a portion of his lawsuit against police, nearly four years after his 40-year... More >>
1 hour ago June 28, 2017 Jun 28, 2017 Wednesday, June 28 2017 Wednesday, June 28, 2017 12:44:00 PM CDT in Top Stories
KANSAS CITY (AP) — A Kansas City, Missouri , man is jailed on $150,000 bond after being accused of a... More >>
4 hours ago June 28, 2017 Jun 28, 2017 Wednesday, June 28 2017 Wednesday, June 28, 2017 9:43:53 AM CDT in News
CHARLESTON (AP) — A judge has dismissed an assault charge against a southeastern Missouri sheriff being investigated in the death... More >>
4 hours ago June 28, 2017 Jun 28, 2017 Wednesday, June 28 2017 Wednesday, June 28, 2017 9:22:00 AM CDT in News
COLUMBIA - As construction continues in the downtown area, workers are finding it difficult to be around. "It's making... More >>
18 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 7:57:00 PM CDT in News
COLUMBIA -The City of Columbia Public Works Department held an informal open house Tuesday, giving people a chance to ask... More >>
18 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 7:38:00 PM CDT in News
BOONE COUNTY - The Boone County Sheriff’s Department is investigating four burglaries this month in the Elm Tree area. Homes... More >>
18 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 7:13:00 PM CDT in News
JEFFERSON CITY (AP) — Th e Missouri Supreme Court says it's constitutional to commit sex offenders to secure confinement after... More >>
20 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 5:23:00 PM CDT in News
BOONE COUNTY - Sheriff's detectives arrested a 20-year-old Jefferson City woman Tuesday in connection with a shooting that wounded two... More >>
21 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 5:04:00 PM CDT in News
JEFFERSON CITY (AP) — Missouri appellate judges are reinstating descriptions of initiative petitions against right to work laws that were... More >>
21 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 4:50:02 PM CDT in News
JEFFERSON CITY - The "21st Century Missouri Transportation System Task Force" will meet for the first time Wednesday afternoon at... More >>
21 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 4:35:00 PM CDT in News
MONETT (AP) — A substitute teacher in southwe st Missouri has been ch arged with having sexual contact with a... More >>
21 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 4:30:41 PM CDT in News
CALLAWAY COUNTY – A proposed port in Jefferson City is one step closer to becoming a reality. The Callaway... More >>
21 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 4:22:00 PM CDT in News
JEFFERSON CITY - NAACP supporters rallied at the state Capitol to ask Missouri Gov. Eric Greitens not to sign the... More >>
22 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 3:58:00 PM CDT in News
COLUMBIA - The Missouri Foundation for Health has awarded $700,000 toward the planning, construction and programming of the planned agriculture... More >>
22 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 3:30:00 PM CDT in News
VERSAILLES (AP) — The Missouri state trooper who had a man die while in his custody pleaded guilty Tuesday to... More >>
23 hours ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 2:41:00 PM CDT in News
JEFFERSON CITY (AP) — Missouri senators won't reconvene until at least after the July 4 holiday to consider legislation on... More >>
1 day ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 2:08:26 PM CDT in News
CALLAWAY COUNTY — A manhunt for a suspicious person call ended in an arrest just east of Kingdom City. ... More >>
1 day ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 1:22:00 PM CDT in News
COLUMBIA — Columbia Police officers arrested Joshua Michael McWilliams, 23, of Columbia in reference to Monday night's shots fired call.... More >>
1 day ago June 27, 2017 Jun 27, 2017 Tuesday, June 27 2017 Tuesday, June 27, 2017 12:49:00 PM CDT in News
Columbia, MO
Broken Clouds 84°
3pm 86°
4pm 87°
5pm 87°
6pm 86°

Select a station to view its upcoming schedule:

Coming Up Next

2:00p
The Dr. Oz Show
3:00p
Dr. Phil
4:00p
Jeopardy!
2:00p
Judge Alex
2:30p
Judge Alex
3:00p
The Robert Irvine Show

Tonight's Schedule

7:00p
Little Big Shots: Forever Young
8:00p
The Carmichael Show
8:30p
The Carmichael Show
9:00p
This Is Us
7:00p
Arrow
8:00p
DC's Legends of Tomorrow
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld