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  1. Trade Issues & Policy: Impacts for Iowa Agriculture 2017 Iowa Farm Bureau Economic Summit Ames, Iowa July 20, 2017 Chad Hart Associate Professor/Crop Marketing Specialist chart@iastate.edu 515-294-9911

  2. Source: USDA-FAS

  3. Source: USDA-FAS

  4. Source: USDA-FAS

  5. Value of Ag Trade Source: USDA-FAS

  6. U.S. Ag Exports Source: USDA-FAS

  7. NAFTA Agricultural Trade with Canada Two-way trade up 393% since NAFTA Source: US Census Bureau, Foreign Trade Statistics, FATUS export aggregations

  8. NAFTA Agricultural Trade with Mexico Two-way trade up 517% since NAFTA Source: US Census Bureau, Foreign Trade Statistics, FATUS export aggregations

  9. NAFTA Renegotiation Source: USTR

  10. NAFTA Renegotiation Source: USTR

  11. NAFTA Renegotiation Source: USTR

  12. NAFTA Renegotiation – Ag Objectives Source: USTR

  13. NAFTA Renegotiation – Ag Objectives Source: USTR

  14. Iowa’s top 10 manufactured exports, 2015 1. Tractors $764 million 2. Herbicides 405 million 3. Aircraft engines/parts 264 million 4. Harvesting machinery 259 million 5. Aluminum alloy plates 250 million 6. Front-end loaders 179 million 7. Special purpose vehicles 152 million 8. Excavators 119 million 9. Ag/Hort/Forestry mach. 116 million 10. Medical instruments 105 million Source: http://www.census.gov/foreign-trade/statistics/state/data/ia.html

  15. Iowa’s state export rankings, 2015 # 2 Soybeans $2.516 billion # 1 Pork $1.988 billion # 1 Feeds $1.506 billion # 1 Corn $1.398 billion # 2 Soybean meal $639 million # 2 Vegetable oils $392 million # 4 Beef $356 million # 2 Hides $293 million # 12 Dairy $122 million Source: USDA Economic Research Service, “State Export Data”

  16. U.S. Ag Trade Source: USDA-WAOB

  17. Source: USDA-FAS

  18. World Corn Markets Source: USDA

  19. Arable Land

  20. Thank you for your time!Any questions?My web site:http://www2.econ.iastate.edu/faculty/hart/Iowa Farm Outlook:http://www2.econ.iastate.edu/ifo/Ag Decision Maker:http://www.extension.iastate.edu/agdm/