Soybean, Oilseed Industries Signal Continued Lame-Duck TPP Push to Congress
The American Soybean Association (ASA) and National Oilseed Processors Association (NOPA) “put Congress on notice” that the trade groups will keep pushing for Trans-Pacific Partnership’s approval during its upcoming lame-duck session, according to a press release from the groups (here).…
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The groups provided a new document (here) to congressional staff on the TPP's expected benefits to U.S. soybean farmers as part of that effort. “Prospects for passage of TPP are dim, with both presidential candidates opposed, and a crowded lame duck congressional calendar,” the release says. “ASA and NOPA aren’t giving up, however.” U.S. soybean farmers will boost sales of soybean meal for animal feed because of a big increase in sales of poultry, pork, beef and dairy to TPP markets, and through better market access for soy products, after the deal enters into force, ASA President Richard Wilkins said in a statement. The organizations “are confident” the document “helps to provide some weight” to the national TPP debate in support of the agreement, according to the release.