Trump_ good, bad or ugly news for the food industry_ survey results

Trump has also said he would renegotiate NAFTA (a free trade deal between the US, Canada, and Mexico), which might mean that food manufacturers making products in Mexico or Canada and importing them to the US could face some form of tariff, although Trump has not volunteered specifics.

Meanwhile, US food companies trading with or in China (from Mondelez, Tyson, and Mars to Mead Johnson and PepsiCo) could also be feeling anxious this week – depending on their political persuasions – given Trump’s inflammatory rhetoric about dumping and currency manipulation.

opposes rules requiring that calorie information be listed on menus in chain restaurants and similar retail food establishments and vending machines, set to come into effect on May 5, 2017 ( click HERE

): “ The intrusive and expensive federal mandates on food options and menu labeling should be ended as soon as possible by a Republican Congress.” ‘If we pull out of trade agreements it will trigger retaliations’

One survey respondent noted: “ I fear a major impact due to [Trump’s] anti-trade policies and actions. High profit business ideas philippines The US relies on exports for growth and profit opportunities, particularly in the Pacific region.

Low investment business with high profit in chennai If we pull out of trade agreements or we do not adopt those that have been negotiated, yet not ratified, it will trigger retaliations that will negatively impact those disenfranchised who strongly supported Trump in the election.”

A second commentator said: “ A large part of our supply chain is in Mexico and South America. Small business low investment high profit The proposed tariffs would lead to lead to hikes in commodity prices. Best business with highest profit margin There will likely be an increase in labor costs in agriculture. High profit jobs These are costs that will likely offset any gains from tax cuts. High profit items to sell online If the current economic plans are pursued, tariffs that the US imposes and retaliatory tariffs are going to decrease demand outside the country and decrease exports.”

“Initially, we see trade agreements, agricultural policy and labor as key areas where there are potential policy-change implications for agriculture over the long term.

“As the number one global agricultural exporter, the US food & agriculture sector is one of the main drivers of global agriculture and trade. Business with low investment and high profit in india In 2016, US agricultural exports reached almost $127bn, followed by Brazil and then China. High profit business ideas uk Current US agricultural trade operates under a surplus of around $20bn. High profit margin products The US exports different commodities that complement the rest of the world’s food supply. Low cost business ideas with high profit philippines To illustrate, the US is the largest producer and exporter of corn, and US soybean exports make up 40% of global soybean exports (46% of US soybean production). Low startup high profit business Thus, any change to US agricultural trade agreements will not only affect global prices and trade dynamics but also US farmer margins.

“While it is too early to know for sure, it is questionable whether US agricultural trade agreements, particularly NAFTA, will stop or go through major changes. High profit products This is because the US, Mexico and Canada are in many ways an integrated agricultural market. Low investment high profit business in kolkata Currently, US agricultural exports to Mexico and Canada account for around 30% of total US agricultural exports. High profit margin products to sell At the same time, agricultural exports from Mexico and Canada to the region account for 80% and 55% of total exports, respectively. High profit selling pdf For example, Mexican pork imported from the US represents around 12% of total US pork production. Items with highest profit margin on ebay Mexican poultry imports also represent around 30% of total US poultry exports. Low startup cost high profit business Finally, the US exported 3.7m tons of milk products (expressed as liquid milk equivalent) to Mexico in 2015—Mexico being by far the biggest export destination for the US.

“While, these numbers represent significant trade values, they also illustrate the integrated nature of the North American animal protein supply chain. Business ideas with high profit margins This also includes the beef complex, where Mexico and Canada are the suppliers to US feed lots and packing plants, which allows year-round processing. Highest profit business in india Mexican corn imports represent 23% of total US corn exports and are an important part of the animal-feeding supply chain. Low investment high profit business philippines Many other sectors are integrated in similar ways. High profit business to start Consequently, changes to agreements such as NAFTA would have significant implications both for Mexican animal feeders, Mexican consumers and US farming profit margins.” Rabobank, 11.154.2016

One reader predicted that Trump’s move to oust illegal immigrants – many of whom are agricultural laborers – coupled with potential trade barriers should he renegotiate NAFTA, could lead to “more domestic foods but at higher prices,” while another said that, “ If cross-border trade were to be limited, this will negatively impact farmers and food producers due to more costly imports coupled with likely trade barrier retaliation, impacting exports.”

Where does Trump stand on the Supplemental Nutritional Assistance Program (SNAP), which is funded via the Farm Bill, and offers nutrition assistance to more than 40 million low-income individuals and families?

for breaking the SNAP program away from the Farm Bill (p25). High profit shares in india However, on September 13, Sam Clovis, a senior adviser in the Trump campaign, said that Trump would not seek to remove SNAP benefits from the 2018 Farm Bill ( according to Modern Farmer

), so it’s not clear what might happen next. Low cost high profit business ideas ENVIRONMENT: ‘The fact that he believes climate change is a hoax created by the Chinese government says everything that you need to know…’

Given Trump’s plans to curtail the powers of the Environmental Protection Agency (EPA), coupled with comments made on the campaign trail about the FDA and the ‘food police,’

many FoodNavigator-USA readers believe that a Trump administration spells bad news for the environment (68%), food safety (49%) and nutrition & health (44%) – although large numbers ticked ‘no impact’ or ‘don’t know’ on the latter two questions.

As one respondent told us: “It’s hard to know anything given his campaign’s scarcity of specifics… Food and ag policy is so far down the agenda for Trump that he has scarcely mentioned it. High profit business ideas in india Therefore, anything submitted on this survey is pure conjecture.”

Commenting on Trump’s stated plan to back out of the Paris Climate Change agreement that seeks to cut global CO 2 emissions, one respondent noted: “ The fact that he believes that climate change is a hoax created by the Chinese government says everything that you need to know about this idiot.”

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