- Published: 24 April 2015
Delegation to Support Trade Promotion Authority
INDIANAPOLIS, Ind. (April 24, 2015) — Now that the Trade Promotion Authority language is headed to the Senate and House floors, Hoosier corn and soybean farmers urge members of the Indiana congressional delegation to support the measure, which will expand existing markets and create new customers for Indiana corn and soybeans.
Trade Promotion Authority allows the President to direct the Office of the U.S. Trade Representative to finalize trade deals, and return them to Congress for an up or down vote, without amendments. TPA was last enacted in 2002 and expired in 2007.
“Trade is good for American farmers, workers and consumers,” said Dave Lowe, a farmer from Dunkirk, and president of the Indiana Soybean Alliance. “Trade Promotion Authority is an essential step in finalizing the best possible trade agreements for Indiana farmers.”
U.S. negotiators are currently working on a deal with countries in the Asia Pacific region, the “Trans Pacific Partnership,” which could expand the sale of Indiana corn and soybeans to countries like Japan, Korea, and Taiwan. Negotiators have also been working on an expanded agreement with countries in the European Union.
In 2013, Indiana’s top five agricultural exports were $1.7 billion of soybeans, $442 million of soybean meal, $429 million in feeds and fodder, $410 million of corn and $307 million of pork. And every dollar of agricultural export creates an additional $1.27 in business activity for our economy.
“Indiana farmers need a level playing field to help maintain a competitive advantage as we send our crops down the Ohio and Mississippi rivers and around the world,” said Herb Ringel, a farmer from Wabash and president of the Indiana Corn Growers Association. “Trade Promotion Authority is critical for Indiana farmers, and we call on each member of the Indiana Congressional delegation to support this important piece of legislation.”
Indiana farmers are encouraged to call their Senators and Representatives in Washington and encourage them to support Trade Promotion Authority. Learn more about the Indiana Soybean Alliance at www.indianasoybean.com/membership and the Indiana Corn Growers Association at www.incorn.org.
The ICGA board, which works with the state and federal governments to develop and promote sound policies that benefit Indiana corn farmers, consists of 15 farmer-directors who provide leadership to the organization on behalf of the nearly 600 ICGA members statewide. For more information, visit www.incorn.org.
The Indiana Soybean Alliance works to enhance the viability of Indiana soybean farmers through the effective and efficient investment of soybean checkoff funds and the development of sound policies that protect and promote the interest of Indiana soybean farmers. The ISA is working to build new markets for soybeans through the promotion of biodiesel, livestock, grain marketing, aquaculture, new soybean uses, and research. ISA is led by an elected farmer board that directs investments of the soybean checkoff funds on behalf of more than 28,000 Indiana soybean farmers and promotes policies on behalf of the ISA’s 800 dues-paying members. Visit www.indianasoybean.com for more information.
This communications was NOT funded with Indiana soybean or corn checkoff dollars.