Ag News: USTR on USMCA
**The U.S. Trade Representative’s team has been working on the U.S. Mexico Canada Agreement for well over a year, but it still needs to be ratified by all three countries, something lawmakers hope happens this summer.
But, according to milkbusiness.com, passing the deal could be a challenge. Some Democrats aren’t convinced the votes are in order for the House to pass the USMCA and say the deal won’t be brought to a vote until enough votes have been secured.
**Small farmers in Nigeria who typically can't afford tractors will soon have temporary access through a quickly expanding Uber-like program called Hello Tractor.
Agrimarketing.com reports, through a public-private partnership, John Deere plans to deploy 10,000 tractors in Nigeria over 5-years, selling them to contractors who rent them to small farmers.
With a tractor, a field that might take 40 days to prepare for planting by hand can be prepped in eight hours and is cheaper than hiring workers.
**A nationwide economic impact study found more than one-fifth of the nation's economy is linked, either directly or indirectly, to the food and agriculture sectors, and more than one-fourth of all American jobs are similarly connected.
This research, according to agrimarketing.com, commissioned by a group of 23 food and agriculture organizations, found total jobs are over 45-million, total wages are $2.06-trillion, total taxes $913.13-billion, and total exports at $154.4-billion.
Total Food and Industry Economic Impact: $7.06 trillion.