agriculture exports

Tariffs Could Cost Fruit and Nuts $3 Billion

Dan Exports/Imports, Industry News Release, Trade

Falling ag exports to China, India, Mexico and Turkey expected to lower prices The ongoing international trade turmoil between the U.S. and other countries has prompted import tariffs on many U.S. agricultural commodities in important export markets, which could hurt U.S. farmers. A new report released by the University of California Agriculture and Natural Resources’ Agricultural Issues Center estimates the …

grain

Farm Export Prices Post Large Declines

Dan Exports/Imports, Industry News Release, Trade

U.S. agriculture export prices fell 5.3 percent last month. Data released by the U.S. Department of Labor shows the decline is the largest drop in farm exports since 2011. The decline in July followed a one percent decrease in June, which followed a 1.6 percent increase in May. The department says a 14.1 percent drop in soybean prices was the …

tester

Farm Futures Survey: Farmer Support for Trump Slipping

Dan Economy, Industry News Release, Trade

A poll by Farm Futures shows support to Donald Trump from farmers is slipping. The survey found that 60 percent of farmers would vote for the president if the election were held today. That’s down from the 75 percent support level Trump received from growers in the 2016 election. Meanwhile, 24 percent said they would not vote for reelection and …

tariffs

Next Round of Tariffs Set

Dan Exports/Imports, Industry News Release, Trade

The U.S. says it will begin imposing tariffs of 25 percent on an additional $16 billion in Chinese imports, further escalating the trade war between the two countries. The U.S. Trade Representative’s office says Customs will begin collecting the extra duties on 279 different product lines. The list includes a lot of industrial and machinery products. Agricultural machinery is on …

trade deal

NAFTA Negotiations: Mexico Close, Canada Talks Not Close

Dan Industry News Release, Trade

North American Free Trade Agreement (NAFTA) negotiations with Mexico are going “as well as we can possibly expect right now.” That’s from Gregg Doud, the Chief U.S. Agriculture Negotiator, who spoke at the International Sweetener Symposium in Michigan. The Hagstrom Report says he also mentioned that negotiators “haven’t had market access conversations with Canada of any substance.” He also told …

wheat

Doud Rips China, India Farm Subsidies

Dan Economy, Exports/Imports, Industry News Release, Trade, Wheat

The Chief Agricultural Negotiator for the U.S. is attacking both China and India for blowing past their World Trade Organization spending limits on farm subsidies that distort trade. “We think China has done in excess of $100 billion more in subsidies to its farmers than it was allowed to do,” Gregg Doug said at the American Sugar Alliance’s International Sweetener …