trade mission

USDA Takes Successful Trade Mission to India

Dan Industry News Release, Trade

India serves as the first trade mission stop for Ted McKinney, the newly minted Department of Agriculture Undersecretary for Trade and Foreign Agricultural Affairs. McKinney led a group of 50 men and women, representing 29 agricultural companies, associations, and state governments, overseas in an effort to boost trade opportunities between the U.S. and India, which is the 17th largest export …

trade agreement

China Imports More U.S. Trash than Ag Products

Dan Exports/Imports, Industry News Release, Trade

China imports more U.S. trash than agricultural commodities, but that could soon change. China earlier this year filed a notice with the World Trade Organization about its plans to limit the entry of “foreign waste.” The Wall Street Journal reports this week that under the new rules, China by year’s end would ban imports of used plastics and require paper-scrap …

corker

Ag Exports Groups Urge Passage of the CREAATE Act

Dan Exports/Imports, Industry News Release, Trade

A coalition supporting ag exports is urging Senators to pass legislation to expand the Market Access Program and Foreign Market Development program. The Coalition to Promote U.S. Agricultural Exports and the Agribusiness Coalition for Foreign Market Development say the Cultivating Revitalization by Expanding American Agricultural Trade and Exports, or CREAATE Act, would boost trade’s impact on U.S. farmer profitability and …

crop farmers

Ag Exports, Trade Surplus, See Increases

Dan Exports/Imports, Industry News Release

Data from the Department of Agriculture shows exports of farm goods will push higher in 2017. A forecast compiled by USDA predicts the value of agricultural exports in the fiscal year 2017 will hit nearly $140 billion, up $10 billion from the fiscal year 2016. With stronger exports and modest import increases in 2017, the U.S. will have an agricultural …

hurricane

Most U.S. Farmers Will Feel Impact from Hurricane Harvey

Dan Exports/Imports, Industry News Release

Hurricane Harvey stands to harm virtually all of U.S. agriculture, in some way. Many ports that ship agricultural commodities are in the path of the storm, from Texas to Louisiana, where the majority of corn and soybeans destined for other nations leave the United States. Texas produces high volumes of cotton, wheat, rice, and soy and is a large exporter …

Chinese trade practices

China, India, Call for End of Farm Subsidies by U.S., Others

Dan Industry News Release

China and India are calling for an end to farm subsidies by others, including the European Union and the United States. India-based newspaper Live Mint, a collaboration with the Wall Street Journal, reports China and India have jointly proposed the elimination of $160 billion of farm subsidies in the U.S., European Union, and other wealthy nations. The move comes months …

export opportunities

Agriculture Looks for Ways to Boost Exports

Dan Exports/Imports, Industry News Release

Agriculture is looking for every way possible to boost farm exports, at a time when other trade avenues seem to be limited or closed. TPP is off the table, the NAFTA renegotiations may or may not bear fruit, and U.S.-imposed sanctions on China over North Korea could invite retaliation. So where does U.S. agriculture go? One answer came recently when …

fas

KORUS Review Could Follow NAFTA Renegotiations

Dan Industry News Release

The Donald Trump Administration appears to be planning to reexamine the United States-Korea Free Trade Agreement (KORUS) after the North American Free Trade Agreement renegotiations, if not sooner. Politico reports that U.S. Trade Representative Robert Lighthizer this week formally requested talks with South Korea to consider changes to the five-year-old deal, with a focus on reducing the $28 billion bilateral …

Trade Retaliation Worries Ag Groups

Dan Exports/Imports, Trade

18 agriculture groups representing the majority of production agriculture sent a letter to the Trump administration recommending it avoid placing restrictions on steel and aluminum imports. The groups are worried that such a move would negatively impact U.S. food and agriculture exports. The groups said in the letter that, “the aftermath of those restrictions could be disastrous for the global …