I’m giving the opening keynote at the Maine Grain Alliance’s 2025 Kneading Conference, which culimiantes in the Maine Artisan Bread Fair on July 26. My talk is at 8:30 a.m. at the Strand Cinema in Skowhegan, Maine. I’m really looking forward to this one.
What’s up with trade in agriculture?
USDA Secretary Sonny Perdue says this about our new “trade breakthrough” with China:
This is tremendous news for the American beef industry, the agriculture community, and the U.S. economy in general. We will once again have access to the enormous Chinese market, with a strong and growing middle class, which had been closed to our ranchers for a long, long time. .. When the Chinese people taste our high-quality U.S. beef, there’s no doubt in my mind that they’ll want more of it.”
Why “breakthrough”? China refused to buy US beef after a case of mad cow disease turned up.
The point of US trade policy is to have open markets for our products. USDA has a quick summary of our current balance of trade. We are doing pretty well with it.
And here’s why:
Hence: Selling beef to China should up those numbers.