Senator Rounds addresses issues facing Congress
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HURON — With commodity prices continuing to drop and with the harvest not far off, “producers are really nervous” about the lack of a fair trade deal, Sen. Mike Rounds, R-S.D., said Thursday.
While they want President Trump to be successful in negotiating a better agreement, they can’t wait much longer, he said in a conference call with reporters.
Does he have any assurance a resolution will come in the near term?
“We don’t, that’s the problem,” Rounds said.
In a letter to the president on Wednesday, South Dakota’s delegation urged him to make U.S. agriculture exports a priority with trading partners.
Market uncertainty has already cost South Dakota producers hundreds of millions of dollars, with the ripple effect to be felt across the state.
Rounds said there are fears of economic collapse not only among farmers and ranchers but in rural communities as well.
Soybeans, for example, have declined $2.17 per bushel since March 1.
“They (producers) hope the administration understands how significant the impact is on real lives of people trying to make a living in the Upper Midwest,” Rounds said.