National Ag News
Study shows dairy exports drop without Japan, CPTPP trade deals
Jan 30, 2019, 11:16 AM
by
Admin B
A new study shows
backing out of the Trans Pacific Partnership and not having new trade deals
with countries like Japan will cost U.S. dairy producers more than five billion
dollars over 21 years.
U.S. Dairy Export Council President Tom Vilsack tells Brownfield America needs a level playing field, especially in Japan where they have a declining population but a rising interest in dairy. He says, “They’re consuming a lot more dairy products and their own industry is producing less, so it’s a tremendous growth opportunity over the next five to ten years.”
Vilsack says with a good trade deal and a competitive playing field with Japan, U.S.
