Land O’Lakes concerned about U.S. ag trade deficit
One of the nation’s largest ag and food cooperatives is concerned about the U.S. trade deficit.
Land O’Lakes vice president of government and industry affairs Matt Wohlman says a significant shift is occurring in the trade environment, resulting in about a $17 billion ag trade deficit.
“And that deficit as we look to 2024 is expected to grow even larger, and that’s certainly a real concern for farmers and rural communities across the country.”
He tells Brownfield dozens of ag organizations support trade recommendations proposed by Land O’Lakes CEO Beth Ford that center on several priority areas.
“First, increasing the diversity of the U.S. ag supply chain.”
Wohlman says Land O’Lakes also encourages the Biden administration to establish a robust ag trade agenda and enforce current trade agreements.