Local

Grains Council Chair Says Bali WTO Deal Has Some Positives

Grains Council Chair Says Bali WTO Deal Has Some Positives

World Trade Organization members meeting in Bali recently agreed to adopt multilateral agreements in efforts to reduce trade barriers. The deal should reduce transaction costs and red tape.  U.S. Grains Council Chairman and Iowa grower Julius  Schaaf says by coming to agreement WTO members remained a viable body.

Schaaf doesn’t see the entire Bali deal has having much of a positive effect for U.S. trade.

He says the India provision is a temporary deal to allow them to develop their agricultural industry and get up to speed. He says however if the subsidies they are allowed become trade distorting, it’s just a step backward for overall trade.

There are remaining domestic subsidy and market access issues that will need to be resolved in future talks.

Recent Headlines

in Local

Clean Up Underway After Strong Storms

Dakota City storm 90114

Clean up is underway in Dakota City Nebraska and Sergeant Bluff Iowa after strong storms moved through late Sunday afternoon.

in Local

US Facing Critical Issues in the Mid-East

john thune

South Dakota Senator John Thune says the US needs strong leadership to confront terror in the mid-east.

in Local

Labor Day Time to Push for Higher Wages in South Dakota

Money Coins

South Dakota voters can decide on a higher minimum wage in the November election.

in Local

SD Legislative Committee Asks EB-5 Participant to Appear

JeanHunhoff131

The Government Operations and Audit Committee of the South Dakota Legislature has asked Joop Bolen to appear at it's September 24th meeting.

in Local

South Dakota Now Top Hydro-power State

mo river 51412

The Wall Street Journal says South Dakota now is one of the top hydro power producing states in the country.