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NCGA, Corn Growers Continue Support for CAFTA-DR (6-3-05)

The Senate Agriculture Committee next week will hold a hearing to discuss the potential impacts on the agriculture and food sectors of the Central America – Dominican Republic Free Trade Agreement (CAFTA-DR). The National Corn Growers Association (NCGA) and other members of an extensive CAFTA-DR agricultural coalition are hoping statements at the hearing will accurately express the importance of this trade agreement to U.S. agriculture.

In anticipation of the hearing, a letter sent today to the committee by the agriculture coalition once again reiterates support for the agreement and lists the numerous benefits the agreement has for the agriculture industry. ”As representatives of virtually every sector of the U.S. agricultural economy, we strongly support CAFTA-DR and favor its prompt approval by Congress,” the letter states. “The benefits of CAFTA-DR for U.S. agriculture are clear. The main effect of the agreement will be to reduce and eliminate duties on U.S. agricultural products in the six countries involved.”

According to the U.S. Department of Agriculture and U.S. Trade Representatives Office, duties can average 11 percent and range upwards of 150 percent on certain products. By contrast, over 99 percent of U.S. agricultural imports from those countries already enter the U.S. duty-free. To a large extent, U.S. agriculture has already paid for this agreement due to the existing Caribbean Basin Initiative (CBI) implemented in the early 1980’s and the CBI eliminated or significantly reduced most of the tariffs for agriculture products coming to the U.S. from the CAFTA-DR countries.

June Silverberg, NCGA director of public policy, said this agreement is about having a balanced and level import and export marketplace. The result, she said, of the agreement would be seen in the economies of America’s rural communities. “But even more important, this agreement will boost our national economic standing, aid in our national security issues, and balance and open new marketplaces, which is essential for all export entities – not just agriculture,” said Silverberg.

NCGA and its coalition partners have been actively pushing for support of CAFTA-DR for some time now in hopes that the agreement will be sent to the president in the next month. Silverberg said that for corn growers, this is one of the most pro-U.S. agriculture trade agreements ever negotiated.

“The battle for the agreement has never really stopped even with the Memorial Day recess,” said Silverberg. “Our members have been heavily involved in talking with the legislators in their districts throughout the week and I am optimistic that the message is getting through that agriculture needs this agreement to level the playing field and to remain competitive in the marketplace throughout the world.”

Warren Kemper a corn grower from Iowa has been active along with the Iowa Corn Growers Association these past few weeks in reaching out to Iowa legislators. Growers are sending letters and making phone calls emphasizing the importance of this trade agreement to Iowans. “Iowans are directly affected by CAFTA-DR,” said Kemper. “Our state alone will see job growth at the level of nearly 57,000 jobs on and off the farm, in addition to the boost in our local economy. With these types of agreements, Iowa and its producers along with the agriculture industry as a whole certainly benefit. Currently, Iowa depends on exports for 29 percent of its agricultural products. By eliminating tariffs on major agricultural exports, Iowa corn, soybeans, beef, pork, and dairy products will enjoy expanded trade with these key markets.”

According to the American Farm Bureau Federation’s economic analysis for direct effects of CAFTA-DR on Iowa, feed grains will increase to the six CAFTA-DR countries by $4 million per year by 2024. With Senate action beginning again next week, it is expected that the House will act soon on CAFTA-DR.

To view the letter in its entirety, click here.

 

Last reviewed June 3, 2005



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