USA-Kidney Beans/EU Tariffs

Increased EU tariffs pose challenge to US kidney bean producer

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Shotlist


Menomonie, Wisconsin, USA – Recent (CGTN – No Access Chinese mainland)
1. Various of kidney beans being processed, packaged in factory
2. Forklift loading kidney bean gunny sack
3. SOUNDBITE (English) Cindy Brown, president of Chippewa Valley Bean Company:
"My family has been here since 1858. I am the seventh generation on this family farming business. This is the worst thing a government has ever done to us."
4. Worker inspecting kidney bean gunny sacks
5. Various of kidney bean bags stored in warehouse
6. SOUNDBITE (English) Cindy Brown, president of Chippewa Valley Bean Company (starting with shot 5):
"Primarily, we have stopped shipping. It's dried up. Our customers are either saying cancel the contract, maybe let's wait and see if it turns out differently, or we have to renegotiate. And if we are having to renegotiate, then we are looking at probably renegotiating at prices that are below our margins."
7. Various of Chippewa Valley Bean Company founder Russell Doane reading newspaper
8. Various of kidney beans being packaged
9. SOUNDBITE (English) Russell Doane, founder, Chippewa Valley Bean Company (starting with shot 8/partially overlaid with shot 10):
"Tariffs never do anybody any good. There's a saying, 'we would rather have trade than aid'. Aid is a temporary thing. It's not the right way to go. If we are allowed to do our business as we have been doing it, we don't need the aid."
++SHOT OVERLAYING SOUNDBITE++
10. Various kidney bean plants in field
++SHOT OVERLAYING SOUNDBITE++
11. Aerial shots of kidney bean plants in field
12. SOUNDBITE (English) Cindy Brown, president of Chippewa Valley Bean Company (starting with shot 11):
"Farmers can't produce below their cost of production. So that's not sustainable. There seems to have been a number of bankruptcies in agriculture over the last couple of years, and I can't see that getting better any time soon."
13. Various of kidney beans being processed

Storyline


The seven generation-old Chippewa Valley Bean Company is an American farming success story, yet currently threatened by the increased EU tariffs on kidney beans.

One in four dark red kidney beans traded internationally is handled by the Wisconsin-based family farm business. Europe is its key market, which accounts for 60 percent of its exports with an annual revenue of 25 million U.S. dollars.

After the U.S. placed tariffs on European steel and aluminum this spring, Europe retaliated with a range of taxes, including a 25-percent tax on kidney beans.

"My family has been here since 1858. I am the seventh generation on this family farming business. This is the worst thing a government has ever done to us," said Cindy Brown, the company’s president.

Trading partners in Europe say the tariffs make the product too expensive.

Each year this company processes some 45,000 metric tons of red kidney beans. But with orders now being canceled because of the tariffs, the warehouses are simply filling up.

"Primarily, we have stopped shipping. It's dried up. Our customers are either saying cancel the contract, maybe let's wait and see if it turns out differently, or we have to renegotiate. And if we are having to renegotiate, then we are looking at probably renegotiating at prices that are below our margins," added Brown.

Cindy’s father Russell Doane planted the first crop of red kidney beans back in 1969.

Although the Trump administration has promised 12 billion U.S. dollars to farmers in emergency aid, there is a fear that buyers will simply look elsewhere, and won't return.

"Tariffs never do anybody any good. There's a saying, 'we would rather have trade than aid'. Aid is a temporary thing. It's not the right way to go. If we are allowed to do our business as we have been doing it, we don't need the aid," said Doane, who’s also the founder of Chippewa Valley Bean Company.

The company says it will honor its commitment to purchase beans from other local producers, though future deals are now in question.

"Farmers can't produce below their cost of production. So that's not sustainable. There seems to have been a number of bankruptcies in agriculture over the last couple of years, and I can't see that getting better any time soon," said Brown.

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  • ID : 8087950
  • Dateline : Recent
  • Location : United States
  • Category : economy, business and finance
  • Duration : 2'14
  • Audio Language : English/Nats
  • Source : China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Published : 2018-08-14 10:46
  • Last Modified : 2018-08-14 20:37:00
  • Version : 2
  • ID : 8087950
  • Dateline : Récent
  • Location : États-Unis
  • Category : economy, business and finance
  • Duration : 2'14
  • Audio Language : Anglais/Nats
  • Source : China Central Television (CCTV)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Published : 2018-08-14 18:36
  • Last Modified : 2018-08-14 20:37:00
  • Version : 2
  • ID : 8087950
  • Dateline : الأيام الأخيرة
  • Location : مينوموني,الولايات المتحدة
  • Category : economy, business and finance
  • Duration : 2'14
  • Audio Language : الإنجليزية/الصوت الطبيعي
  • Source : China Global Television Network (CGTN)
  • Restrictions : No Access Chinese mainland
  • Published : 2018-08-14 18:20
  • Last Modified : 2018-08-14 20:37:00
  • Version : 2
  • ID : 8087950
  • Dateline : Reciente
  • Location : Estados Unidos
  • Category : economy, business and finance
  • Duration : 2'14
  • Audio Language : Inglés/Nats
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Published : 2018-08-14 18:32
  • Last Modified : 2018-08-14 20:37:00
  • Version : 2

USA-Kidney Beans/EU Tariffs

Increased EU tariffs pose challenge to US kidney bean producer

Dateline : Recent

Location : United States

Duration : 2'14

  • English
  • Français
  • العربية
  • Español


Menomonie, Wisconsin, USA – Recent (CGTN – No Access Chinese mainland)
1. Various of kidney beans being processed, packaged in factory
2. Forklift loading kidney bean gunny sack
3. SOUNDBITE (English) Cindy Brown, president of Chippewa Valley Bean Company:
"My family has been here since 1858. I am the seventh generation on this family farming business. This is the worst thing a government has ever done to us."
4. Worker inspecting kidney bean gunny sacks
5. Various of kidney bean bags stored in warehouse
6. SOUNDBITE (English) Cindy Brown, president of Chippewa Valley Bean Company (starting with shot 5):
"Primarily, we have stopped shipping. It's dried up. Our customers are either saying cancel the contract, maybe let's wait and see if it turns out differently, or we have to renegotiate. And if we are having to renegotiate, then we are looking at probably renegotiating at prices that are below our margins."
7. Various of Chippewa Valley Bean Company founder Russell Doane reading newspaper
8. Various of kidney beans being packaged
9. SOUNDBITE (English) Russell Doane, founder, Chippewa Valley Bean Company (starting with shot 8/partially overlaid with shot 10):
"Tariffs never do anybody any good. There's a saying, 'we would rather have trade than aid'. Aid is a temporary thing. It's not the right way to go. If we are allowed to do our business as we have been doing it, we don't need the aid."
++SHOT OVERLAYING SOUNDBITE++
10. Various kidney bean plants in field
++SHOT OVERLAYING SOUNDBITE++
11. Aerial shots of kidney bean plants in field
12. SOUNDBITE (English) Cindy Brown, president of Chippewa Valley Bean Company (starting with shot 11):
"Farmers can't produce below their cost of production. So that's not sustainable. There seems to have been a number of bankruptcies in agriculture over the last couple of years, and I can't see that getting better any time soon."
13. Various of kidney beans being processed


The seven generation-old Chippewa Valley Bean Company is an American farming success story, yet currently threatened by the increased EU tariffs on kidney beans.

One in four dark red kidney beans traded internationally is handled by the Wisconsin-based family farm business. Europe is its key market, which accounts for 60 percent of its exports with an annual revenue of 25 million U.S. dollars.

After the U.S. placed tariffs on European steel and aluminum this spring, Europe retaliated with a range of taxes, including a 25-percent tax on kidney beans.

"My family has been here since 1858. I am the seventh generation on this family farming business. This is the worst thing a government has ever done to us," said Cindy Brown, the company’s president.

Trading partners in Europe say the tariffs make the product too expensive.

Each year this company processes some 45,000 metric tons of red kidney beans. But with orders now being canceled because of the tariffs, the warehouses are simply filling up.

"Primarily, we have stopped shipping. It's dried up. Our customers are either saying cancel the contract, maybe let's wait and see if it turns out differently, or we have to renegotiate. And if we are having to renegotiate, then we are looking at probably renegotiating at prices that are below our margins," added Brown.

Cindy’s father Russell Doane planted the first crop of red kidney beans back in 1969.

Although the Trump administration has promised 12 billion U.S. dollars to farmers in emergency aid, there is a fear that buyers will simply look elsewhere, and won't return.

"Tariffs never do anybody any good. There's a saying, 'we would rather have trade than aid'. Aid is a temporary thing. It's not the right way to go. If we are allowed to do our business as we have been doing it, we don't need the aid," said Doane, who’s also the founder of Chippewa Valley Bean Company.

The company says it will honor its commitment to purchase beans from other local producers, though future deals are now in question.

"Farmers can't produce below their cost of production. So that's not sustainable. There seems to have been a number of bankruptcies in agriculture over the last couple of years, and I can't see that getting better any time soon," said Brown.

ID : 8087950

Published : 2018-08-14 10:46

Last Modified : 2018-08-14 20:37:00

Source : China Global Television Network (CGTN)

Restrictions : No access Chinese mainland

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