More U.S. Soybeans are heading to Europe after President Trump met with members of the European Union this week to head off a trade war.
Nebraska Soybean Board Executive Director Victor Bohuslavsky and says any opportunity to sell their product is welcome. He adds that tariffs are not of a friend of agriculture and there have been plenty over the years.
He says, “Tariffs never help agriculture. We have been faced with a lot of them through the years. Other countries have been able to not buy our products when they don’t want to because of mad cow disease, GMO’s or avian flu in poultry and I think the Administration is trying to get all of those things level so we don’t have those types of issues happening with the trade agreements that have been in the past.”
Bohuslavsky says the soybean check off has been in charge of getting all the beans marketed that soybean farmers want to raise and this is another plus. We want markets and this is another avenue to get us to sell more soybeans and open markets are always a plus.
The E.U. reportedly agreed to lower industrial tariffs along with importing more soybeans. Further details of the agreement are pending.