1 / 20

Trade Issues & Policy: Impacts for Iowa Agriculture

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. Source: USDA-FAS. Source: USDA-FAS. Source: USDA-FAS. Value of Ag Trade.

vanessaw
Download Presentation

Trade Issues & Policy: Impacts for Iowa Agriculture

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  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/

More Related