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 National

TSA vows to close security gaps at U.S. airports

tsa

The new leader of the Transportation Security Administration said his top priority would be to close security gaps after an internal report showed 96 percent of undercover tests failed.

in Local

State Prison Inmate Back In Custody

inmate

A minimum-security state prison inmate who failed to return to the minimum-security unit on the grounds of the South Dakota State Penitentiary on July 17th is back in custody.

in Agriculture

Trans Pacific Partnership Talks Continue

trade

Further Trans Pacific Partnership discussions got underway in Hawaii this week.

in Agriculture

Waters of the U.S. Rule Meets More Opposition

Watershed

Senate Environment and Public Works Chairman Jim Inhofe says internal memos submitted by the Army Corps of Engineers to his panel undermines the Clean Water rule.

in Agriculture

Agriculture Exports to Cuba Could Benefit from New Credit Legislation

cuba flag

Senate Appropriators have approved legislative provisions that could ease credit restrictions on U.S. exports to Cuba.