Wednesday, May 12, 2010

Pork Industry Needs U.S. To Approve Pending Free Trade Agreements

A number of agriculture groups, including the National Pork Producers Council, last week detailed the consequences of the United States' failure to approve free trade agreements with Colombia, Panama and South Korea -- lost economic growth and lost jobs.

According to an analysis conducted by Iowa State University economist Dermot Hayes, without FTAs with the three countries, the U.S. pork industry will be out of those markets within 10 years at a cost to producers of more than $11.50 per pig and to the U.S. economy of thousands of jobs.

NPPC Immediate Past President Don Butler today talked with SwineCast's Ned Arthur about the importance of passing the pending FTAs.

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