The Michigan Farm Bureau says they’ll be closely monitoring renegotiations of the North American Free Trade Agreement.
National Legislative Counsel John Kran tells Brownfield U.S. ag exports have increased by more than 300 percent during the time of the agreements.
“We’ve gone from $8.9 billion worth of trade to $38 billion in that 22 year period. This is something we need to evaluate cautiously and make sure that Michigan producers continue to have great market access.”
Kran says Canada and Mexico are two of Michigan’s top three agricultural trading partners. Michigan exported $1.1 billion in agricultural products to Canada and $114 million to Mexico in 2015.
The U.S. can start renegotiating the agreement 90 days from the notification to Congress which the Trump administration made May 25.
Source: brownfieldagnews.com