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The National Milk Producers Federation and the U.S. Dairy Export Council today urged the Senate and House to act quickly on new Trade Promotion Authority legislation, saying the measure is crucial to securing well-negotiated trade agreements that open foreign markets to more U.S. dairy products.

The bipartisan TPA legislation was introduced today in the Senate by Senate Finance Committee Chairman Orrin Hatch (R-UT) and senior committee Democrat Sen. Ron Wyden (D-OR), and in the House by Ways and Means Committee Chairman Rep. Paul Ryan (R-WI).

NMPF and USDEC said renewing TPA, which expired in 2007, is particularly important to the U.S. dairy industry because America now exports the equivalent of one-seventh of its milk production. TPA is the key to unlocking future export opportunities, the groups said.

From Jim Mulhern, President and CEO, National Milk Producers Federation

“It’s hard enough for new generations of dairy producers to establish their own farms without the prospect of the estate tax penalizing the transfer of farms between generations of family members.

“That’s why we support the action today in the House of Representatives to repeal the estate tax. H.R. 1105, the Death Tax Repeal Act, banishes the specter of the estate tax from the same business people that we should be encouraging to invest in the future of America’s food production.

CEO’S CORNER


Jim Mulhern
NMPF President
& CEO

 

You don’t have to be a craftsman to understand the adage that when the only tool you have is a hammer, every problem looks like a nail. This type of reductionist thinking can affect many businesses, not just carpentry, but whenever such a thought process is applied, it distracts people from actually solving issues because their attention is focused on the wrong problem – and hence, the wrong solution.

How To Milk 1,200 Cows

 

This isn't your grandparents' dairy farm. Today's dairy farmers milk cows two to three times per day with milking machines. Learn how it all works, and visit the U.S. Farmers & Ranchers Alliance for more food facts.

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