The World Trade Organization (WTO) has ruled in favor of the United States in a dispute over Indonesia’s complex import requirements for a number of agricultural products, including U.S. beef. And according to a story from Joe Schuele with the U.S. Meat Export Federation (USMEF), that ruling is expected to open up significant new export opportunities for U.S. beef in …
McKinney Visit to India Good for U.S. Pork
The National Pork Producers Council says the recent trip to India by Department of Agriculture Undersecretary for Trade and Foreign Affairs Ted McKinney bodes well for future pork exports. The trip, aimed at increasing U.S. agricultural export levels for India, allowed McKinney to press the nation to open access to U.S. pork. NPPC has been working for many years to …
Farmers Need Trade to Move Record Corn Crop
It’s no secret that American farmers produced another record corn crop, which means overseas market access will be a big key to limiting losses due to depressed corn prices. The Illinois Corn Growers Association says this is what farmers pencil out on paper to demonstrate why market access is so important to corn farmer profitability. “It looks like our ‘what …
U.S. Gets WTO Win on Indonesia’s Beef Import Requirements
The World Trade Organization (WTO) ruled in favor of the U.S. in a dispute with Indonesia over its complex and vague import requirements for beef and beef products. The U.S. Meat Export Federation says the WTO report found that all 18 of the import measures challenged by the U.S. were inconsistent with WTO rules governing trade. The ruling marks the …
Decline in U.S. Peanuts Exports
A new report indicates the decline in exports of U.S. peanuts continue. Tyron Spearman has the updated numbers. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
China Online Mall To Buy Large Amounts of Beef and Pork
JD.com Commits to Purchasing More Than $2 Billion of U.S. Goods Over Next Three Years Includes agreements to import over $1.2 billion of U.S. beef and pork JD.com, (NASDAQ:JD), China’s largest retailer, participated in a signing ceremony held at the Great Hall of the People, with the company entering agreements to purchase in excess of $1.2 billion of beef from The Montana Stock Growers Association (MSGA) …
Grain Exports Provide $55.5 Billion in Economic Output
Exporting feed grains and related products is worth a lot of money to the U.S. economy. Those exports offer billions of dollars in direct and indirect economic benefits to farmers, the rural communities they live in, and the nation as a whole. Research commissioned by the U.S. Grains Council and the National Corn Growers Association provided concrete numbers to the …
John Deere to Supply Tractors in Cuba
In an agreement signed last week, John Deere is expected to be the first direct sale of U.S. machinery to Cuba in more than half a century. An agreement signed at the Havana Fair last week between John Deere executives and Cuba calls for the shipment of “several hundred tractors and associated implements” over a four-year period. Farm Equipment Magazine …
China Pork Imports to Increase
Rabobank expects China to increase its pork imports through the last few months of the year. A new report by Rabobank suggests a stronger pricing trend, as the major importing countries, including China, will likely maintain steady import growth. China’s pork imports were down 27 percent in the first eight months of this year. Meat industry publication Meatingplace reports China’s …
Egypt Issuing Wheat Import Guidelines to Tackle Trade Problems
Egypt plans to issue a streamlined guide on wheat import regulations for global traders. The guidelines will detail all specifications, procedures, and regulations for traders selling to the world’s largest buyer, Egypt. The guidelines will be issued within the next two weeks. Reuters says Egypt is looking to calm nervous suppliers who have been adding high-risk premiums because of what …