Below you'll find a list of all posts that have been categorized as “Exports/Imports”
The U.S. Department of Agriculture has announced progress toward correcting the trade deficit to a trade surplus for agriculture and we had the opportunity to sit down with Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg to get more details. Under Secretary Lindberg said, “We are excited to be announcing progress, right? So our goal is to get back …
USDA has issued new numbers on peanut stocks. They say the stocks of peanuts because of the big crop last year are higher, but lower usage is being reported. They said the U.S. peanut export forecast has been reduced to a billion pounds. Now all the way down to 1.3 billion pounds total, the U.S. has exported fewer peanuts, down 17%, for …
U.S. Secretary of Agriculture Brooke Rollins has announced that USDA is opening the enrollment period for the new Farmer Bridge Assistance Program. It’ll provide $11 billion in one-time bridge payments to row crop production in response to temporary trade markets and temporary disruptions in trading and increased production costs. The enrollment period opens up February the 23rd and closes on April the 17th. These …
The U.S. Department of Agriculture is focusing on a two-pronged approach to boost U.S. agricultural exports and the agricultural economy for producers. The first strategy includes focusing on reciprocal trade agreements. U.S. Trade Representative’s Office Chief Agricultural Negotiator Julie Callahan provides details on their efforts. “Removing non-tariff barriers and also providing preferential tariff concessions for U.S. agriculture,” said Callahan. In …
USDA Opens Sterile Fly Dispersal Facility in Edinburg, Texas to Combat New World Screwworm The U.S. Department of Agriculture (USDA), led by Secretary of Agriculture Brooke Rollins and joined by Texas Governor Greg Abbott, has announced the completion of a domestic sterile fly dispersal facility in Edinburg, Texas. The new facility marks a significant step in the federal government’s ongoing …
Live Cattle and Lean Hog Futures Face Pressure Near Recent Highs As the week comes to a close, traders are closely watching live cattle futures and lean hog futures, with signs that buyers may be losing momentum after pushing prices to recent highs. Live Cattle Futures React to Argentina Trade Deal In the live cattle market, attention is turning to …
Trade relationships with Canada and Mexico have been a major topic of discussion this week within the U.S. Peanut Federation, as industry leaders stress the importance of maintaining strong export markets under the USMCA agreement. According to the federation, the agreement plays a critical role in supporting peanut farmers and the broader U.S. agricultural economy. Peanuts are grown in 13 …
Market attention remains focused on soybean and soybean meal trade volume as the week winds down, following a period of heightened activity and shifting global fundamentals. Trade volume surged to an all-time high last Friday, signaling strong interest and aggressive positioning by market participants. However, activity has pulled back since then, suggesting traders are reassessing direction after the recent spike. …
The agricultural community is turning their attention toward the upcoming mandatory review of the US-Mexico-Canada Agreement (USMCA) by creating the Agricultural Coalition for the United-States-Mexico-Canada Agreement. Forty farm and ag groups have come together to create an advertising campaign and website “designed to promote the benefits afforded to the U.S. food and agriculture sector under the USMCA.”  Bryan Goodman, …
U.S. Finalizes Reciprocal Trade Agreement with El Salvador President Donald Trump announced last week that the United States has finalized a new trade deal with El Salvador, establishing a framework for an agreement on reciprocal trade between the two countries. The agreement is expected to strengthen export opportunities for U.S. producers and reinforce economic partnerships in Latin America. Exports of …
