named storms

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 …

West Coast

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 …

agricultural

Trump Talks Trade with South Korea

Dan Exports/Imports, Industry News Release, Trade

President Donald Trump met with the new President of South Korea on Friday and opened up the session with tough trade talk. An L.A. Times article says Trump announced he will be renegotiating a trade agreement with South Korea that’s already been in place for five years. The agreement is a co-legacy for both Presidents Bush and Obama and it …

usda

U.S. Exports to Mexico Stumble

Dan Exports/Imports, Industry News Release

As the Unites States plans to renegotiate the North American Free Trade Agreement with Canada and Mexico, U.S. agricultural exports to Mexico have declined over the first few months of 2017. The Wall Street Journal reports that Mexican imports of U.S. soybean meal dropped 15 percent, the first decline in four years. Meanwhile, chicken exports to Mexico were down 11 …