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Trump Touts American Products

DATE: 07/19/2017

By Jerry Hagstrom
DTN Political Correspondent

WASHINGTON (DTN) -- In his remarks Monday at his "Made in America Product Showcase," President Donald Trump mentioned farmers several times and pointed out Agriculture Secretary Sonny Perdue.

After being introduced by Vice President Mike Pence, Trump opened his remarks by saying, "And you know, Mike, it is true that, as I walked through the halls, we saw so many great companies, but the gentleman who was in charge of Omaha Beef -- they do beef -- he hugged me, he wanted to kiss me so badly."

"Because he said, 'Our business is a whole different business now because you got China approved; the other administrations couldn't even come close.' And I told him, 'You know how long it took? One sentence. I said, President Xi, we'd love to sell beef back in China again. He said, You can do that.' That was the end of that. Right? Sonny. The great Sonny Perdue. So we're very happy."

Later in the speech, Trump said, "American workers, farmers and innovators are really the best in the world -- we know that. And what we're doing [with] that is we're displaying those talents. You construct and harvest the products that fill our homes, feed our families, and defend our nation, and enrich our lives. I want to make a pledge to each and every one of you: No longer are we going to allow other countries to break the rules, steal our jobs, and drain our wealth -- and it has been drained. It has been drained."

And finally, he said, "My administration is removing the burdens and regulations on your companies so that you can compete, thrive, and grow. How many of you have noticed this so far? Because it's a big, big difference, right? That's a big, big difference. The people are coming up to me -- they can't even believe it.

"We took the farmer's land away. We took the homebuilder's land away. They have their land back now, and they're building homes and they're farming their farms, and it's a beautiful thing to see. And they're so thankful."

Among the agriculture-related products displayed at the "Made In America" event were:

-- Wine, The California Wine Institute, California

-- Fast food, Chick Fil A, Georgia

-- Rum, Koloa Rum Co., Hawaii

-- Farm equipment, Caterpillar, Illinois

-- Brooms, Broomcorn Johnnys, Indiana

-- Crab pots, Eddie Heath's Crab Pots, Maryland

-- Wool blankets, Faribault Woolen Mill, Minnesota

-- Fishing gear, Simms Fishing, Montana

-- Beef, Greater Omaha Packing, Nebraska

-- Candy, Kimmie Candy, Nevada

-- Doughnuts, Cider Belly Doughnuts, New Hampshire

-- Soup, Campbells Soup, New Jersey

-- Soda, Cheerwine, North Carolina

-- Shovels, rakes and hoes, Bully Tools, Ohio

-- Trencher/excavator, DitchWitch, Oklahoma

-- Wheel barrows, Ames, Pennsylvania

-- Beer, Narragansett Brewing Company, Rhode Island

-- Shotgun chaps, K Bar J Leather, South Dakota

-- Cowboy hats, Stetson, Texas

-- Maple syrup, Dubie Family Maple, Vermont

(AG/BE)

Futures

Previous Open High Low Last Change Close
CORN 391'0 390'4 391'0 378'4 379'6 -11'2 379'6
CORN 404'6 404'4 404'6 392'4 393'4 -11'2 393'4
CORN 415'2 415'0 415'4 403'2 404'4 -10'6 404'4
SOYBEANS 1013'2 1011'2 1013'2 1001'6 1009'0 -4'2 1009'0
SOYBEANS 1018'2 1016'0 1018'2 1006'6 1014'2 -4'0 1014'2
SOYBEANS 1027'0 1025'0 1027'2 1015'2 1022'2 -4'6 1022'2
WHEAT 505'6 506'4 510'2 497'4 499'2 -6'4 499'2
WHEAT 529'2 530'4 533'4 520'2 522'4 -6'6 522'4
LIVE CATTLE 115.875 116.350 117.375 115.800 116.425 0.550 116.425
LIVE CATTLE 117.075 117.325 118.375 116.850 117.400 0.325 117.400
LEAN HOGS 81.100 81.225 82.000 81.000 81.100 0.000 81.100
LEAN HOGS 67.850 67.875 68.350 67.025 67.225 -0.625 67.225
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