147 - Global Ag Trade and The USMCA - with Farm Bureau Chief Economist John Newton

On July 1, 2020, USMCA went into effect. The USMCA is the updated North American Free Trade Agreement between the U.S., Canada, and Mexico. John Newton, Chief Economist of the American Farm Bureau Federation joins me to discuss what this means for American Ag. Farm Bureau says the agreement is good for an additional $2 billion of Ag sales. From a "volatile world" standpoint, a free trade deal with our two nearest neighbors is good business for other reasons. But what countries are next for Ag-positive trade arrangements? When we talk about currency manipulation, what's the deal with Brazil? And is the European Union going to open up to more American farm products? Listen as we hit those topics and more! Sponsored by Harvest Profit harvestprofit.com