The Sommet de l’Élevage is holding its 26th annual event, October 4–6, in Clermont-Ferrand, France. The event is the European Union’s (EU) largest livestock exposition, featuring competitions and a tradeshow. This year, the Sommet is especially exciting for U.S. cattle producers because, for the first time ever, Americans have been invited to the event. Reneé Strickland of Strickland Ranch and …
Ag Exports Groups Urge Passage of the CREAATE Act
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 …
Ag Exports, Trade Surplus, See Increases
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 …
Higher Ag Exports in 2017 and a Trade Surplus Next Year
A U.S. Department of Agriculture report says the value of farm exports will push higher in 2017, coming on the heels of two straight years of lower numbers for farm goods. The forecast from USDA says the fiscal year 2017 will see exports valued at just shy of $140 billion, up $10 billion from last year. That would break the …
Vietnam Reopens Market to U.S. DDGS Exports
The U.S. Department of Agriculture (USDA) and the Office of the U.S. Trade Representative (USTR) announced that the government of Vietnam has notified the U.S. that it will resume imports of American distillers dried grains (DDGS). In December 2016, Vietnam suspended imports of U.S. DDGS after reported detections of quarantine pests in U.S. shipments. Prior to the suspension, Vietnam was …
Most U.S. Farmers Will Feel Impact from Hurricane Harvey
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 …
USDA Makes First Ag Export Forecast for FY 2018
USDA’s first look at expected 2018 agricultural exports has those sales down slightly from this year. Gary Crawford reports. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Harvey Forces Shutdown of Texas Ports, Threatens Others
Two major ports along the Gulf of Mexico in Texas are closed following the flooding and damage from Hurricane Harvey. Ports at the Texas Gulf account for about 24 percent of U.S. wheat exports, three percent of corn shipments and two percent of soybeans. In 2011, the Port of Corpus Christi ranked 13th in the Nation for total waterborne agricultural …
Agriculture Looks for Ways to Boost Exports
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 …
Brazil Slaps Tariff on U.S. Ethanol
The Brazilian Agriculture Minister announced on Wednesday that the country’s Chamber of Foreign Trade approved a recommendation to impose a 20 percent tariff on U.S. ethanol imports after a 600 million liter tariff rate quota. Brazilian media are reporting the tariff will be in effect for two years. This will make it much more difficult for U.S. ethanol to access …