The Trans-Pacific Partnership (TPP) trade agreement promises to increase demand for U.S. agricultural products in markets throughout the world—but Congress has to approve it first. In an article published in Feed & Grain, FaegreBD Consulting senior director David Lyons and advisor Brad McKinney explained TPP’s expected impact on agricultural product markets and assessed the legislative hurdles the TPP has to clear before it goes into effect.
"Economists suggest that the TPP agreement could expand U.S. agricultural exports by billions of dollars," the article said. “A national election with its high-level politics and negative statements on initiatives of the Obama Administration, such as this, will complicate the path forward.”
Lyons and McKinney have emerged as thought leaders on the TPP’s impact on agribusiness. The two authored a client update on the TPP, and Politico featured their analysis on the topic in October.
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