ST. PAUL, Minn. (AP) - Minnesota farmers fear they could lose millions of dollars if the United States leaves the North American Free Trade Agreement.
President Trump has threatened to withdraw from the trade deal. He has been renegotiating for better terms for nearly five months.
Randy Spronk runs the Spronk Brothers farm in southwest Minnesota, where hogs are the main source of income. Spronk tells Minnesota Public Radio that overseas sales are becoming an important trade market for his business.
He says his farm could lose over $2 million in annual revenue if the United States withdraws from NAFTA.
Sales of pork products from farms like Spronk's to Mexico and Canada totaled to $200 million last year.
Corn and soybeans account for nearly a third of Minnesota's trade with Mexico and Canada.
- Minnesota farmers nervous over NAFTA negotiations
- NAFTA supporters in Minnesota speak up
- Wet weather worries Minnesota farmers
- Iowa Ag Sec. discusses NAFTA
- Contract negotiations leave union workers unsatisfied
- President to delay any NAFTA deal until after midterm elections
- Farmers prepare for planting season
- Rochester's Downtown Farmers Market Returns
- International trade war concerns farmers
- Minnesota state wrestling- Saturday