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Importance of Trade for U.S. Agriculture
November 18, 2009Members of a food and agricultural coalition today issued the document "Importance of Trade for U.S. Agriculture" to underscore the positive contributions from trade and its importance to the economic recovery and food security of the nation. The coalition noted that exports are essential to the prosperity of U.S. food and agriculture. About 25 percent of the total volume of U.S. farm production is exported, with many commodities having a much higher dependence on trade. U.S. food and agricultural exports are directly tied to jobs here at home and create economic opportunities for American farmers, ranchers and agribusinesses. The coalition applauds discussions being held this week between President Obama and his Asian counterparts concerning the need for global economic growth and urges support for closer economic integration between nations through trade. Full release.