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Associate Professor/Crop Marketing Specialist

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Presentation on theme: "Associate Professor/Crop Marketing Specialist"— Presentation transcript:

1 Associate Professor/Crop Marketing Specialist
Iowa’s Role in Agriculture and International Trade: Why Tariffs and Trade Agreements Matter Nov. 25, 2018 Chad Hart Associate Professor/Crop Marketing Specialist 1 1

2 Arable Land

3 Iowa’s Economy

4 Iowa’s top 10 manufactured exports, 2016
1. Tractors $633 million 2. Herbicides million 3. Aircraft engines/parts 262 million 4. Aluminum alloy plates 209 million 5. Nucleic acids and salts 164 million 6. Special purpose vehicles 157 million 7. Track-laying tractors million 8. Front-end shovel loaders 116 million 9. Medical instruments million 10. Refrigerating equipment 101 million Source:

5 Iowa’s state export rankings, 2016
# 2 Soybeans $3.113 billion # 1 Pork $1.999 billion # 1 Corn $1.747 billion # 1 Feeds $1.321 billion # 2 Soybean meal $557 million # 2 Vegetable oils $390 million # 4 Beef $384 million # 2 Hides $237 million # 12 Dairy $113 million Source: USDA Economic Research Service, “State Export Data”

6 Source: USDA-FAS

7 Value of Ag Trade Source: USDA-FAS

8 U.S. Ag Exports Source: USDA-FAS

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12 Key Findings

13 Want to provide feedback on my presentation. https://www. surveymonkey

14 Thank you for your time. Any questions. My web site: http://www2. econ
Thank you for your time! Any questions? My web site: Iowa Farm Outlook: Ag Decision Maker:


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