Farm Groups, USDA Urge Support For TPP
As Midwest farmers parse the details of the proposed Trans-Pacific Partnership trade deal, farm groups and the U.S. Department of Agriculture are urging Congress to ratify it.
Groups of corn growers and soybean farmers love the TPP. They say it will expand markets for U.S. goods.
Agriculture Department official Phil Karsting says the agreement also sets rules and standards for farm products from the U.S. and 11 other countries.
“That’s what this is really about, is setting a framework globally so that our producers know what to expect so that they can go after markets. And if given that opportunity they’re innovative enough and efficient enough that they can do well at it," Karsting says.
Some farmers oppose the trade pact. They say it increases competition domestically and that it’s designed to particularly benefit big companies.
Congress has yet to approve the deal.