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October 13, 2011

Contact: Andy Dietrick, 317-692-7818 / adietrick@infarmbureau.org

Statement from Indiana Farm Bureau about passage of trade agreements:

Indiana Farm Bureau applauds Senators Richard Lugar and Dan Coats and Representatives Larry Bucshon, Dan Burton, Mike Pence, Todd Rokita, Marlin Stutzman and Todd Young for their yea votes on new trade agreements that will create jobs and boost Indiana’s agricultural economy. Congressional ratification of the three bilateral free-trade agreements between the United States and Korea, Colombia and Panama represent almost $2.5 billion in new U.S. agricultural exports and could generate up to 22,500 agriculture-related jobs nationally.

“Indiana Farm Bureau truly appreciates the support of our elected officials in Washington and we thank those who helped pass these important trade agreements,” said IFB president Don Villwock. “Indiana grain and livestock farmers will benefit greatly from the new and expanded markets created by this legislation.”

Access to consumers in South Korea, Colombia and Panama could increase Indiana agricultural exports by nearly $55 million annually and add up to 500 jobs to the Hoosier economy.