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Obama sends FTAs to Congress

President Obama sent the pending free trade agreements with South Korea, Colombia and Panama to Congress today – a long-awaited move in the agriculture industry.

In a statement, Obama calls on Congress to pass the FTAs and the bipartisan agreements on Trade Adjustment Assistance “without delay” saying the administration has worked hard on the agreements “to get the best deal possible for American workers and businesses” and to “help workers whose jobs have been affected by global competition.”

American Farm Bureau Federation says it’s very good news for America’s farmers and ranchers and the U.S. economy. Now that the administration has acted, AFBF says it’s up to Congress to expedite the agreements saying that, combined, the three agreements will represent nearly $2.5 Billion in new ag exports and up to 22-thousand-500 U.S. jobs.

The National Pork Producers Council and the National Cattlemen’s Beef Association are among the ag groups calling on Congress to act quickly and pass the FTAs.

NCBA President Bill Donald says they are “cautiously optimistic” because, while the President’s move today is encouraging, the agreements are far from implemented.

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