久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-US

Farmers face tariff uncertainty

By Paul Welitzkin in Des Moines, Iowa | China Daily USA | Updated: 2018-04-13 14:24
Share
Share - WeChat
For the first time in a long time, a big US soybean crop may not be getting bigger, according to crop production estimates released today by the US Department of Agriculture. [IOWA SOYBEAN ASSOCIATION/FACEBOOK PAGE]

The snow has melted in much of Iowa, and, as usual in April, farmers are preparing to plant their soybean and corn crops. But this planting season is anything but usual. Faced with a potential tit-for-tat trade war between the US and China, the only sure thing for farmers is uncertainty.

If China's threat of a 25 percent tariff on soybeans -- Iowa's second main crop behind corn - is implemented in retaliation for US President Donald Trump's proposed tariffs on Chinese goods, it would be a harsh blow for farmers and the state's economy.

Iowa, the nation's top pork producer, is already feeling the impact of the 25 percent tariff China has placed on pork, costing pork producers $400 million from declining prices, said Dermot Hayes, an Iowa State University agricultural economist.

Hayes said that it's expected that pork prices will decline by about $9 a pig over the next year because of the tariff, and since the state produces about 40 million pigs annually, that will mean a loss of more than $130 for every person in the state, said Hayes. (The Census Bureau estimated the state population in 2015 at 3.1 million.)

"If we have 10 percent lower soybean prices and five to 10 percent lower pork prices, the Iowa economy could go from modest growth to a modest decline," Hayes said in an interview on Wednesday.

Chad Hart, an associate professor of economics at ISU and a crop markets specialist, said agriculture accounts for about 25 percent of the state's economy. Recent record crop harvests have led to lower prices and Iowa's economy has already felt the downturn, Hart said in an interview. "Tariffs just exacerbate that problem," he said.

China was the United States' largest buyer of soybeans last year: $12.3 billion, according to the Department of Agriculture. China imports 90 percent of its soybeans, which includes 60 percent of US exports and 70 percent of Brazilian exports.

"There is no way other markets can fill China's demand so the US-China soybean trade will continue," said Hart.

Still, the potential combination of pork and soybean tariffs from China has farmers in Iowa worried. Rita Hart (no relation to Chad Hart) is one of them.

The Democratic state senator from Wheatland (population 733) and her husband Paul grow corn and soybeans on their 600-acre farm.

"We know from history that tariffs have never worked well," Hart said in an interview. "We have great concern that this could affect the market, especially because we have a downturn and prices are already low."

Hart said farmers have few options when it comes to switching from soybeans to other crops like corn. "Each farm is different, but there are things that are set that would get in the way of turning on a dime," she said.

Republican state Senator Dan Zumbach grows corn and soybeans on his 1,200-acre farm in Ryan (population 356). He also said it may be too late for most farmers to adjust their crop choices.

"It would be difficult to change because those decisions are made earlier in the season, and you make them for economic reasons, for soil health reasons and perhaps because of what the previous crop was," Zumbach said in an interview. "Making a big adjustment would be difficult, but you might be able to make some minor adjustments."

He said it's too early to tell what the economic impact of a soybean tariff will be on farmers, but he wants Trump to make sure he's getting information from the entire agriculture community.

"What is the president's game plan in the end?" asked Zumbach. "The end game appears to be getting better trade, and if we end up with better trade, then this could all be a positive."

He said that his constituents also have expressed some patience with the president's policies. "Agriculture has always been a long-term business, and we are used to ups and downs all the time,"Zumbach said.

Even though Hart is a Democrat and says she didn't vote for Trump in 2016, she is willing to give him some latitude.

"I do believe we need to wait this out and see how it ends," she said. "I hope the president is listening and taking into account what this is doing to the Midwest."

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩美女一级毛片a | 男女免费观看在线爽爽爽视频 | 国产一区亚洲二区 | 亚洲精品综合一区在线 | 久久久久久久网站 | 国产精品久久久久国产精品三级 | 女让张开腿让男人桶视频 | 欧美激情视频在线观看一区二区三区 | 亚洲国产精久久久久久久春色 | 国产精品久久久久久爽爽爽 | 在线看片亚洲 | 国产女人伦码一区二区三区不卡 | 日本欧美一区二区三区高清 | 99re8免费视频精品全部 | 99精品视频在线免费观看 | 收集最新中文国产中文字幕 | 在线观看免费国产 | 乱人伦中文视频在线观看免费 | 很黄很暴力深夜爽爽无遮挡 | 国产人妖xxxx做受视频 | 欧美三级免费 | 99re国产视频| 亚洲国产成人99精品激情在线 | 欧美第一精品 | 国产亚洲精品一区999 | 成年女人免费观看视频 | 欧美刺激午夜性久久久久久久 | 欧美精品亚洲精品日韩一区 | 成人在线亚洲 | 国产高清一国产免费软件 | 精品久久精品久久 | 日本高清色本在线www游戏 | 日本aaaa片毛片免费 | 久色福利 | 亚洲国产欧洲综合997久久 | 欧美天堂 | 免费国产成人18在线观看 | 91精品国产免费久久久久久青草 | 国产成人亚洲精品影院 | 成人毛片国产a | 国产一级特黄aaa大片 |