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Hope for resuming a positive tone in ongoing U.S. trade discussions with China has returned, but some agricultural experts say it may not be enough.
"Brazil is ratcheting up its production capacity; it's already the world's leading exporter of soybeans. I think the U.S. exporters stand to lose a lot of market share that they've spent 20-odd years building up," said Ian Sheldon, a professor of agricultural economics at the Ohio State University who specializes in trade. "It's very difficult to get it back again."
Democrats worry about lack of labor protection enforcement and Republicans believe it help Ohio manufacturers and farmers.
AEDE faculty and graduate students have a long-standing history of membership and leadership with the Agricultural and Applied Economics Association (AAEA). The organization is comprised of members working in academic departments, government agencies, NGOs, and in the private sector in the fields of agricultural and applied economics.
"Farming in the Crosshairs: How Markets and Policies are Affecting the Farmer's Bottom Line"
Panelists:
Ben Brown (moderator) AEDE Assistant Professor of Professional Practice in Agricultural Risk Management
John Newton, AEDE PhD. Graduate and Chief Economist at American Farm Bureau Federation
Ani Katchova, AEDE Associate Professor and Farm Income Enhancement Chair
Ian Sheldon, AEDE Professor and Andersons Chair of Agricultural Marketing, Trade and Policy
Soybeans may not seem all that useful in a war. Nonetheless they’ve become China’s most important weapon in its ever-worsening trade conflict with the U.S.
Dr. Ian Sheldon discusses whether tariff relief for farmers will be enough to help them weather the trade storm.
Those commodities were highly dependent on Chinese markets, meaning the tariffs hit farmers in the Midwest hard, said Ian Sheldon, an agricultural economist at Ohio State University.
In this month’s History Talk, we speak with Professors Laura Beers and Ian Sheldon to better understand the roots and consequences of Brexit. How has the relationship between Britain and the European continent changed? What were the political and economic forces that compelled the UK to join the EU in the first place? What made so many Britons eager to leave? We'll explore these questions, and more, during our conversation about this fast-changing situation.
Ohio State University Chair of Agricultural Marketing, Trade and Policy Ian Sheldon was the primary guest speaker at Friday’s event. Sheldon discussed how escalating tensions between the United States and China could affect Ohio’s economy, as well as the prospects of Ohio’s farmers.
As the temperatures rose and U.S. trade disputes intensified this past summer, Ohio State University professors Ian Sheldon (Department of Agricultural, Environmental, and Development Economics) and Dan K. Chow (Moritz College of Law) met to talk about the acceptance of their coauthored research paper on trade in the University Of Pennsylvania Journal Of Law & Public Affairs. Over coffee, the conversation evolved into one concerning the tumultuous political and economic climate.
The ongoing trade war with China, coupled with low commodity prices, has farmers across the U.S. singing the blues.
Ohio State University Trade Economist Ian Sheldon says China is benefiting from the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) moving forward without the U.S.
When the United States withdrew from Trans Pacific Partnership (TPP), it forfeited strategic advantages and economic benefits that would likely have emerged through the mega trade deal and partnership with 11 other economies, according to findings presented in a new study.
Ohio State University trade economist Ian Sheldon says although the cease-fire between the U.S. and China is a step in the right direction, it’s unlikely the two countries will resolve key differences in the next 90 days.
Ohio State Professor of Agricultural Marketing, Trade and Policy Ian Sheldon says the tariffs have created uncertainty, caused a downward spiral of prices and forced China to seek other options.
9:00 - 9:30 AM Introductions & Welcome
9:30 - 10:30 AM Ideology, Law & Nationalism
10:30 - 10:45 AM Break
10:45 - 11:45 AM The Economics of Nationalism
11:45 - 12:45 PM Lunch
12:45 - 1:45 PM The Cost of Economic Nationalism
1:45 - 2:00 PM Break
2:00 - 3:00 PM Moving Forward - Wrap -up and Discussion
SPEAKERS
Farmers rattled by the dip in value of their soybean crop likely will see prices for their corn go up next year, one of the few optimistic projections made at a recent conference on future profits in farming.
Continued low commodity prices and uncertainty due to the trade war with China has economists predicting another fall for farm incomes in Ohio.
Chinese buyers can purchase soybeans from U.S. and South American producers for about the same price—even with retaliatory tariffs placed on American beans. So why are U.S. sales lagging behind?
President Donald Trump said he had a productive conversation with Chin's President Xi Jinping on trade, sending markets higher Thursday. However, his promises of a trade resolution may not materialize.
The reason we have a trade deficit in the US is because we have a high consumption rate in the US.
Trade and tariffs continue to be a big topic of interest in agriculture. We have a new trade deal to replace NAFTA, but the trade war with China continues. In Episode 12, we talk with Dr. Ian Sheldon from the Department of Agricultural, Environmental, and Development Economics.
Ani Katchova, Ian Sheldon, and Ben Brown in Columbus Dispatch