American Farm Bureau Federation President Zippy Duvall commented today on President Biden signing the Ocean Shipping Reform Act into law.
“AFBF appreciates the bipartisan work from Congress in getting the Ocean Shipping Reform Act passed and the quick action by President Biden to sign it into law.
“Record-high shipping costs and shortages of containers have created bottlenecks at our ports and worsened supply chain issues at a time of growing demand domestically and overseas. Some estimates suggest we’ve lost out on more than $25 billion in agricultural exports. Limited trade has also made it more difficult to import supplies, which ultimately costs all Americans through higher prices.
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