Brian Kuehl, a principal with Pinion who leads the firm’s Government and Public Affairs service area, has written a new article on the challenges facing the agriculture industry in the face of policy challenges and ongoing uncertainty.
Key takeaways from his latest article, “Update on Policy Challenges for Agriculture,” written and published on Pinion’s site May 12 by Kuehl, focus on the ways ongoing trade disruptions threaten to reduce the price of U.S. commodities, increase input costs, and allow U.S. competitors like Brazil to increase market share. Kuehl provides current news on recently-announced tariff updates while providing a wide range of statistics and impacts as a result of the months of funding cuts and executive orders from the Trump Administration.
“The U.S. food and agriculture industry is being significantly impacted by the on-going trade wars, funding cuts, and delays in passing tax reform and the Farm Bill," according to Kuehl. He expressed concern for the myriad ways in which ongoing uncertainty may impact a range of stakeholders throughout the industry.
“It is imperative we consider the long-term effects of these trade policies, which could lead to decreased market access and potentially permanent loss of market share to global competitors,” said Kuehl. “This ongoing uncertainty not only jeopardizes our farmers’ livelihoods but also the stability of food prices and supply chains both domestically and globally.”
In the article, of which excerpts were shared by Farm Equipment with permission, Kuehl offered updates on the Commodity Credit Corporation (CCC), U.S. Agency for International Development (USAID), the Natural Resources Conservation Service (NRCS), and U.S. Department of Agriculture (USDA), sharing data and resulting impacts across the ag industry.
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