Missouri agriculture groups welcome USMCA trade deal

The new trade deal agreed to by negotiators from the United States, Mexico and Canada still needs final approval from all three countries’ governments, but agricultural groups in Missouri are supportive of the pact.

Industry associations in the state say the agriculture sector would benefit from fewer tariffs on commodities and fewer limits on the dairy trade under the U.S.-Mexico-Canada Agreement, or USMCA.

Dave Drennan, director of the Missouri Dairy Association, said his industry would welcome increased access to Canada’s dairy markets under the trade deal.

“We hope there’s many more trade agreements to come, with China, Europe and more,” he said.

Blake Hurst, president of the Missouri Farm Bureau, said the deal would offer security in the form of access to two key foreign markets for Missouri producers.

Agriculture-adjacent industries, including the hauling and transportation business, will also see a boost, Hurst said, citing the example of Kansas City Southern Railway, which has lines that run between the U.S. and Mexico.

Read more: Columbia Missourian

Tags:, , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students