Europe and U.S. divided on trade issues
"Our trade could be way bigger," said Douglas Nelson, an adviser for farm group CropLife America. Floyd Gaibler of the U.S. Grains Council said: "The TTIP is a way to normalize trade with the European Union."
But barely a week goes by that EU Trade Commissioner Karel De Gucht, who handles commerce issues for the EU's 28 member states, states that European regulation of genetically modified food will not change even if a deal is done with Washington.
The European Union is also closed to U.S. beef from cattle raised with growth hormones. Some Europeans are worried about what impact GM crops and hormone beef - often dubbed "Frankenstein Food" - might have on health and the environment.
"The United States and the European Union have the highest standards of food safety. How is it that we have such different ideas about how to achieve those standards?" said John Brook, regional director of the U.S. Meat Exports Federation.
"Have you ever heard about a European on holiday in the U.S. not eating meat? Everyone raves about the experience of eating in a U.S. steak house," he said.
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- Divergent livestock futures highlighted Wednesday's market action
- Update on corn and soybean acreage
- China's cotton growing area, yield expected to decline in 2014
- Farm auction in McLean County, Ill., drew 40 bidders
- Pesticide Safety Education program reaches a 50-year milestone
- U.S. GMO labeling foes triple spending in first half of this year
- Activists fighting Golden Rice even more in 2014
- Source shows half of GMO research is independent
- White House issues veto threat on bill to block WOTUS rule
- Stoller soybean research produces 214 bushels per acre
- Ag markets turned generally mixed Monday morning