cuba

American Farm Bureau Cautions on Cuba

Dan Industry News Release, Trade

cubaThe following may be attributed to American Farm Bureau Federation President Zippy Duvall:

“We urge the administration to exercise caution in rolling out any new restrictions on doing business with Cuba that would limit our agricultural export opportunities. We should be doing more, not less, to encourage U.S. agricultural exports to Cuba. Our farmers and ranchers and the Cuban people would benefit from increased sales of high-quality, American-grown food and feed. The American Farm Bureau will continue to work with the administration and Congress to maintain and improve the conditions for agricultural trade with Cuba.

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Duvall

“Cuba is a $2 billion annual food import market. Currently, because of some remaining restrictions, the United States sells about $200 million in agricultural products to Cuba, but that nation represents the kind of growth opportunity America’s farmers and ranchers need during this challenging economic period.

“Self-imposed trade restrictions have kept America’s farmers and ranchers from competing on a level playing field and have closed off one of our nearest ag export markets. Cuba has not purchased any rice or wheat from the U.S. in many years, instead of buying from other countries around the world. As we cope with the biggest drop in farm prices in decades, we need to be opening up markets for American farm goods, not sending signals that might lead to less access.”