Exports remain a vital part of the peanut marketplace for Southeast producers. Tyron Spearman has more. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
EU Suspending Tariffs on Peanuts
In a sign of easing trade tensions, the U.S. and European Union agreed late last week to suspend tariffs on a variety of products, including peanuts. While for now, it’s only a temporary removal of the tariffs, Tyron Spearman reports it’s still good news for the U.S. peanut industry. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst …
Japan Setting Temporary Higher Tariff on U.S. Beef
(NAFB) — Japan is imposing an emergency tariff hike on U.S. beef imports late this week. The volume of imports for the fiscal year 2020 is believed to have exceeded 242,000 metric tons, beyond which the duty hike gets automatically implemented. If the tariff goes into effect, it jumps from 25.8 percent to 38.5 percent for a month under a …
Ag Export Destinations Shift Over Previous 25 Years
The U.S. is the world’s second-largest agricultural trader after the European Union. U.S. agricultural exports grew significantly over the last 25 years, from $46.1 billion in 1994 to $126.7 billion in 2019. It’s no surprise that Canada and Mexico are two of the top destinations. The elimination of agricultural trade barriers through the 1994 North American Free Trade Agreement, which …
U.S. China Postpone Trade Deal Review
The U.S. and China have postponed a review of the Phase One trade deal as China continues to buy large amounts of U.S. farm commodities. The two sides were set to meet over the weekend, but the delay allows China more time to buy U.S. crops. However, the postponement arose over scheduling conflicts, according to Reuters. Saturday marked the six-month …
Trump: China Phase Two Agreement Unlikely
President Donald Trump recently told reporters a Phase Two agreement with China is not likely. The President said aboard Air Force One last week, “I don’t think about that,” adding, “The relationship with China has been severely damaged.” Bloomberg News reports the Trump administration continues to pressure China over the COVID-19 outbreak, alleging a cover-up by China, among other things. …
Perdue Hopeful for NAFTA Agreement Quickly as Possible
Agriculture Secretary Sonny Perdue says he’s still hoping a new North American Free Trade Agreement (NAFTA) will be hammered out soon. Gary Crawford has the story. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Sommet de l’Élevage Announces Expansion Plans
Big expansion plans for an already huge global livestock show is among the news coming out of the Sommet de l’Élevage in south central France this week. This year’s Sommet welcomed nearly 90,000 visitors and coordinators hope to see that number grow in the coming years. AgNet Media Founder and President Gary Cooper has been in France covering the event. …
U.S. and EU Producers Talk Beef Trade at Sommet de l’Élevage
Now that U.S. producers have established their presence at the Sommet de l’Élevage, they are now talking potential beef trade with the European Union. The Sommet is the EU’s largest livestock show in which exhibitors and attendees are encouraged to make business connections. Renee Strickland, who is representing the U.S. Livestock Exporters Association, has said that one of her goals …
U.S. LEA Exhibits at the Sommet de l’Élevage
Day two of the Sommet de l’Élevage is underway. The second day of the Sommet is a big one since the trade show is open and attendees are given the chance to mingle and create business connections. Renee Strickland has been tending to her booth today, as well as talking to many international Sommet attendees. Strickland, a south Florida rancher …