FEEDSTUFFS IN FOCUS: A trade chat with USDA undersecretary Ted McKinneyFEEDSTUFFS IN FOCUS: A trade chat with USDA undersecretary Ted McKinney
McKinney bullish on outlook for U.S. ag exports.
March 5, 2020
Trade is hugely important to U.S. agriculture. In late February, U.S. Department of Agriculture chief economist Robert Johansson said U.S. agricultural exports will top $139.5 billion in 2020.
With ongoing trade tensions with China and growing concerns about the economic impact of a potential global coronavirus pandemic, the outlook for U.S. agricultural trade may be more uncertain than the numbers suggest. One USDA leader, however, is plenty bullish on the prospect of a return to growth in U.S. agricultural sales abroad.
On the sidelines of the USDA Agricultural Outlook Forum in late February, Feedstuffs policy editor Jacqui Fatka caught up with USDA undersecretary for trade and foreign agricultural affairs Ted McKinney. With his stated goal of reaching the "million-mile club" in flying around the world to promote U.S. agricultural products as context, McKinney offered an update on recent trade deals, including the U.S.-Mexico-Canada Agreement (USMCA), one with Japan and the Phase One agreement with China.
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