How low is low when it comes to the grain trade? That’s today’s topic from Mark Oppold.
Livestock and Grain Trade This Week
The markets re-open today after the Martin Luther King Holiday, and Mark Oppold takes a look at what traders will be watching in both the livestock and grain trade.
Adding Value in Foreign Markets
Value on the hoof correlates to value on the rail, the United States Meat Export Federation (USMEF) knows this best. Working closely with producers, livestock trade organizations, and the USDA, USMEF works hard to ensure that U.S. protein is found center-plate around the world. Access to foreign markets for U.S. red meat is vital for the livestock industry. Randy Spronk, …
Expert Says Ag Trade Needs Improvement
As 2023 comes to a close, we look back on some of the top issues for agriculture during the year. Director of Government and Public Affairs with the ag business advisory company Pinion, Brian Kuehl says issue number one is trade. “We all know trade is important for America’s farmers. Twenty percent of US Farm revenue comes from exports, so …
Support in the Grain Market
There is some support being found in the grain trade this week. Mark Oppold reports it has to do with weather conditions in another country.
Paraguay Fresh Beef Importation Rule Goes into Effect
by Will Jordan USDA Animal and Plant Health Inspection Service’s (APHIS) final rule on the “Importation of Fresh Beef From Paraguay” goes into effect this week, on Nov. 14, 2023. Published in the Federal Register last month, the rule has drawn many questions from producers. According to the APHIS’s rule, they expect fresh beef imported from Paraguay to be between …
Focusing on the Grain Trade
Traders are focusing on the grain trade at this time. Mark Oppold has a look at what they are watching for.
China Approves More U.S. Beef and Pork Plants for Export
by Will Jordan and USMEF China’s General Administration of Customs recently approved 18 U.S. beef establishments and 12 U.S. pork establishments for export to China – the first new U.S. plants cleared for export to China in about 10 months. Erin Borror, U.S. Meat Export Federation (USMEF) vice president for economic analysis, says the plant approval process was streamlined by …
USDA Works to Expand Asian Export Markets
by Will Jordan It’s no secret that U.S. Beef is the preferred protein domestically and abroad. Asia is ever expanding as a major market for U.S red meat exports. As market access expands export trade adds more value to cattle on the hoof. I visited with Alexis Taylor, USDA Under Secretary for Trade and Foreign Agricultural Affairs, to learn more …
Leaders Say Battle Over Canadian Dairy Trade Policy Will Continue
The U.S. lost its latest challenge against Canadian dairy trade practices, but there may be more of a fight ahead. U.S. dairy organizations along with elected officials and ag leaders are expressing disappointment over Friday’s decision by the USMCA dispute panel in the challenge against Canada’s dairy trade quotas. The U.S. charged that the quotas don’t line up with the …