A recent report indicates a strong rebound is underway in China. Mark Oppold looks at how that could affect agriculture here in the U.S.
China’s Demand for U.S. Beef Complements Well-Established Markets
With market access improvements secured through the Phase One Economic and Trade Agreement, U.S. beef exports to China gained significant traction for the first time in 2020. And according to a story from Joe Schuele with the U.S. Meat Export Federation, they have surged this year.
Red Meat Exports Thrived in the First Year of U.S.-China Agreement
One year has passed since the red meat trade provisions of the U.S.-China Phase One Economic and Trade Agreement entered into force. The agreement expanded access for U.S. beef and pork in the world’s largest red meat import market. Joel Haggard, U.S. Meat Export Federation (USMEF) senior vice president for the Asia Pacific, says the Phase One agreement has been …
USMEF on Beef Trade to China
Back in January of 2020, we talked about how many in agriculture were pleased with the signing of the first phase of the China trade deal. Those in the beef industry were hoping the trade deal would bring a significant boost in U.S. beef exports to China. Last month, the Office of the U.S. Trade Representative (USTR) and the U.S. Department of …
Ag Groups Respond to Phase One Trade Deal Signing
Secretary Perdue: China Phase I Deal is a Bonanza for American Agriculture U.S. Secretary Perdue issued the following statement after President Donald J. Trump signed the historic Phase One Trade Agreement between the United States and China: “This agreement is proof President Trump’s negotiating strategy is working. While it took China a long time to realize President Trump was serious, …
Perdue Optimistic on Many Major Pending Issues
Agriculture Secretary Perdue is optimistic for satisfactory outcomes for several pending agreements and issues. Gary Crawford has the story.
October Producer Sentiment Jumps Higher
The Purdue University/CME Group Ag Economy Barometer took a big jump up in October. The October index came in at 136, which was 22 points higher than the September index, and sits at a number close to its level in 2017. The driving force behind the jump in the index level was the improved way that producers see both current …
NAFTA on Farmers’ Minds, China Bigger Trade Challenge
The North American Free Trade Agreement (NAFTA) talks may be foremost on farmers’ minds these days, but two deputy U.S. Trade Representative nominees told Senate Finance members, China is the bigger trade challenge. President Trump tapped Dennis Shea to be a deputy U.S. Trade Representative to the World Trade Organization in Geneva, and Shea, who’s headed the China-U.S. Economic and …