A Chinese delegation will travel to the U.S. as part of the ongoing trade war as both sides “remain far apart.” China said Thursday the delegation will meet with U.S. Treasury Undersecretary David Malpass to discuss trade issues. However, the South China Morning Post reports observers say the talks are unlikely to yield any breakthrough, but could lead to further …
NFU: Beef Producers Disadvantaged by Current “Product of U.S.A” Labeling Standards
The National Farmers Union (NFU) Thursday told the Department of Agriculture U.S. meat labeling standards are disadvantaging U.S. beef producers by allowing products born, raised, or slaughtered outside of the United States to carry the “Product of the U.S.A.” label. NFU wrote to USDA’s Food Safety and Inspection Service, that the standards “need to be changed immediately.” The NFU action …
Tariffs Could Cost Fruit and Nuts $3 Billion
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 …
Farm Export Prices Post Large Declines
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 …
Agri View: Tension Affecting Farm Exports
Everett Griner talks about how the tension of the trade war, and the tariff issue, has affected our soybean exports in today’s Agri View. Tension Affecting Farm Exports Soybeans are one of America’s largest crops. In total acreage it ranks right up there with cotton and corn. It goes without saying that imports are important. Up until recently China was …
China: U.S. Agriculture May Never Bounce Back
China threatens that U.S. agriculture won’t recover from the tit-for-tat trade war between the two countries. In the South China Morning Post, a government official warned that U.S. agriculture may never regain lost market share stemming from the trade war. China alleges that “many countries have the willingness” and capacity to take over market share occupied by U.S. goods. Since …
China Accepts U.S. Soybean Shipment with 25 Percent Tariff
China Monday accepted the 25 percent tariff on U.S. soybeans, as a vessel waiting to dock for five weeks reached port and began unloading. The move marks the first shipment of U.S. soybeans to be accepted with a 25 percent tariff stemming from the U.S.-China trade war. China’s state grain stockpiling company accepted the shipment, even as government officials warned …
Agri View: Rice Outlook Looks Good
Everett Griner talks about one of the most consumed foods in the world, the 2018-19 rice crop outlook, in today’s Agri View. Rice Outlook Looks Good You know, you don’t hear so much about rice because it is one of the smallest crops grown in the United States. If you look at other countries, and world consumption, you can see that …
Coalition Pushing for COOL in NAFTA for Beef and Pork
The Coalition for a Prosperous America is urging the U.S. to include Country-of-Origin Labeling (COOL) for beef and pork in the North American Free Trade Agreement (NAFTA) Negotiations. Coalition member, R-CALF, says in a news release that reinstatement of COOL labeling will help U.S. consumers “to find safer food alternatives and will also help to boost domestic agriculture.” R-CALF points …
Grains Exports on Track to Set New Record
U.S. exports of grain in all forms are on track to set a new record in 2017/2018, with two months of sales left to report, according to data from the U.S. Department of Agriculture and analysis by the U.S. Grains Council. During the first ten months of the marketing year, September 2017 to June 2018, the United States exported 98.3 …