New numbers are out concerning the export of U.S. peanuts. Tyron Spearman has the details.
China Buys another Large Shipment of U.S. Corn
(NAFB) — China bought a large shipment of U.S. corn on Tuesday. Private exporters reported the sale of 1.15 million tons of corn for delivery by the end of August. The corn is equivalent to more than 45 million bushels and was worth 251 million dollars based on Chicago futures prices. It was the largest sale of U.S. corn to …
Spanish Lemon Growers Optimistic About Tariff Suspension
The Agricultural Association of Young Farmers (ASAJA) Murcia expressed “enormous optimism” for the suspension of tariffs agreed to by the United States and the European Union (EU). Tariffs on Spanish lemons exported to the United States that were set at 25% have been temporarily lifted for four months. Similarly, the EU has suspended tariffs on U.S. grapefruit imports. “It is certainly good …
Grapefruit Part of Tariff Suspension
Florida grapefruit grower and packer Dan Richey hopes a recently announced four-month suspension of tariffs on U.S. products shipped to the European Union (EU), including grapefruit, will become permanent. The EU and the United States on March 5 agreed on the mutual four-month suspension of the tariffs related to World Trade Organization (WTO) aircraft disputes. The suspension will cover all …
Citrus Showcase Speaker Predicts Trade War Ahead
Geopolitical expert Peter Zeihan was the keynote speaker for the recent California Citrus Mutual Showcase. The showcase was presented on March 4 online. Zeihan said he believes North America will recover from the economic impacts of COVID-19 this year, but the rest of the world will not. That, along with other factors, leads him to predict a trade war is inevitable, …
Beef Trade Update from NCBA
While 2020 was not the year many had hoped, when it came to exports of U.S. beef, National Cattlemen’s Beef Association (NCBA) Senior Director of International Trade and Market Access, Kent Bacus, says U.S. beef producers fared much better than a lot of their competitors. Bacus looks at the trade deals that took place last year and where they currently stand for …
Peanut Exports Growing, Prices Falling
We’ve provided information before about how U.S. peanut exports numbers have been growing. But according to a story from Tyron Spearman, despite growing exports, peanut prices are falling.
USMEF’s Halstrom to Speak at ACA Convention
The 2021 Alabama Cattlemen’s Association Convention kicks off in Birmingham, and one of the guest speakers for the event is U.S. Meat Export Federation (USMEF) President and CEO, Dan Halstrom. In a pre-convention interview, he told Southeast AgNet’s Randall Weiseman that despite Covid-19, overall demand and consumption for U.S. beef globally in 2020 was resilient. The ACA Convention runs through Saturday. More information can …
Imports Threaten EU Citrus Industry
Citrus imports in the European Union (EU) are causing a large oversupply in the market. According to the Valencian Association of Farmers, the largest organization of agricultural producers in Spain, a new record of 2,198,146 tons of citrus were exported to the EU from January to October 2020. This represents an increase of 15.4% over the same period last year. …
Florida Representatives Concerned About EU Grapefruit Tariffs
Twenty-two members of the Florida congressional delegation, led by Reps. Darren Soto and Bill Posey wrote a letter to Acting U.S. Trade Representative Maria Pagan expressing concerns over retaliatory tariffs placed by the European Union (EU) on U.S. agricultural products. The letter focused on the harm the EU tariffs could do to Florida grapefruit. Here’s the full text of the letter: “We …