China Must Meet Phase One Obligations, Ag Groups Urge President
By Jennifer Shike
Farm Journal
The U.S. net farm cash income in 2020 is projected to decline 9% or $11 billion from the prior year. In inflation adjusted dollars, U.S. net farm cash income is down nearly 30% from the recent high in 2012, said the North American Meat Institute (Meat Institute).
On Tuesday, nearly 200 groups representing all parts of the food value chain and rural economies sent a letter to President Trump asking for continued implementation of the U.S.-China Phase One Trade Agreement.