Printer Friendly

FARMER CO-OP LEADERS SUPPORT NAFTA

 WASHINGTON, Nov. 4 /PRNewswire/ -- Agricultural co-op leaders, including a Sunkist Growers official from California, who represent a total of nearly 2 million farmers went to the White House today to emphasize their support for the North American Free Trade Agreement (NAFTA).
 "We believe approval of NAFTA will have a positive impact on U.S. agriculture," said Terry Fredrickson, CEO of AgriBank in St. Paul, Minn., and chairman of the National Council of Farmer Cooperatives (NCFC). "This would help strengthen farm income, generate billions of dollars in additional economic activity and create as many as 150,000 new jobs," Fredrickson said.
 Bill Quarles, Sunkist vice president for corporate relations, said U.S. agriculture could take advantage of expanding market opportunities in Mexico if NAFTA is approved by Congress. "Mexico is already our third largest export market. With NAFTA, exports could reach $10 billion or more annually over the next 15 years," Quarles said.
 When the co-op board of directors endorsed NAFTA, Sunkist President Russell L. Hanlin said the trade agreement "will be good for our company, our industry and our country."
 Sunkist is a farmer co-op with 6,500 growers who farm, on average, 40 acres in California and Arizona. It is the oldest agricultural cooperative in the United States.
 Without NAFTA, the co-op officials said, Mexico could reimpose higher tariffs or enter into more favorable agreements with other countries in competition with the United States.
 Although U.S. agriculture will benefit overall from NAFTA, some sectors -- especially those that are import-sensitive -- may face a period of readjustment, Fredrickson said. "For this reason, we strongly support provisions contained in the proposed implementing legislation, along with other initiatives, to provide for a smoother transition period and to help U.S. agriculture remain viable and competitive long- term."
 The National Council of Farmer Cooperatives represents nearly 100 major farmer marketing and supply cooperatives, the banks of the Farm Credit System and 31 state councils of cooperatives. Its members, in turn, represent nearly 4,500 local cooperatives with a combined membership of nearly 2 million individual farmers.
 -0- 11/4/93
 /NOTE TO EDITORS: NCFC President Wayne Boutwell is available for interviews. To set up an interview time, please call Lisa Keller, NCFC's director of communications, at 202-626-8700./
 /CONTACT: Jim Burns for the National Council of Farmer Cooperatives, 202-434-8556/


CO: National Council of Farmer Cooperatives ST: District of Columbia IN: AGR SU: EXE

DT-DC -- DC043 -- 0976 11/04/93 17:25 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 4, 1993
Words:408
Previous Article:SPRINT TO PROVIDE ELECTRONIC LINK FOR MANUFACTURERS CHOSEN BY GOVERNMENT IN DEFENSE CONVERSION PROGRAM
Next Article:INVESTMENT COMPANY INSTITUTE REPORTS ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters