Farmers for Free Trade call the framework of a trade agreement between the U.S. and China as a good first step toward ending tensions that have hurt American agriculture. The group applauds the Trump Administration’s focus on supporting U.S. agricultural exports. However, they do note that there’s still a lot of work to do in order to put a solid …
House Members Want Thailand Ban of U.S. Pork Ended
Members of the House of Representatives sent a letter to Taiwan’s Ambassador to the U.S. asking for the removal of import restrictions on American agricultural products, including pork. The bipartisan letter was signed by 44 House members and sponsored by Republican David Young of Iowa and Wisconsin Democrat Ron Kind. The letter calls for the U.S. to suspend trade benefits …
Agri View: Trade War and Red Meat Exports
Everett Griner talks about the trade war and red meat exports in today’s Agri View. Everett goes on to explain what the impact this will have on the farmer and on the consumer. Trade War and Red Meat Exports Here is why farmers and all of agriculture are so concerned about a trade war. Looking at export figures up to …
USDA Official Hopeful by Recent Trade Advancements with China
While a trade war may be on hold between the U.S. and China, a Department of Agriculture official says the Trump administration remains ready to support farmers and ranchers, if needed. China and the U.S. put the trade war tariffs on hold, for now, as the two sides are negotiating. Speaking at the ONE18: The Alltech Ideas Conference, USDA Undersecretary …
China Promises to Buy More American Agricultural Goods
After two rounds of trade talks between the world’s largest economies, China has promised to buy significantly more U.S. agriculture and energy products to help reduce its trade surplus with America. Treasury Secretary Steven Mnuchin outlined his targets for boosting sales over the weekend but it remains unclear if China has agreed to reduce the deficit by the $200 billion …
House Members Call for End to Thailand’s Ban on U.S. Pork
Members of the U.S. House of Representatives sent a letter to Virachai Plasai, ambassador of the Kingdom of Thailand to the United States, calling for the removal of restrictions on imports of U.S. farm products, including U.S. pork. The bipartisan letter – signed by 44 members and sponsored by Representatives David Young, R-IA, and Ron Kind, D-WI – calls for the …
China Drops Investigations, Top Market for Sorghum Reopens
China has dropped its anti-dumping and countervailing duty investigations into U.S. sorghum. National Sorghum Producers Chairman Don Bloss says NSP is “gratified” by the announcement and quick result. China has determined that the investigations do not serve public interest. Bloss says that NSP demonstrated that “we were helping, not injuring,” Chinese consumers and farmers. The U.S. Grains Council also applauded …
China Looking to Russia for Soybeans
The world’s biggest importer of soybeans, China, almost tripled soybean purchases from Russia amid a growing trade dispute with the U.S. A Bloomberg report says Russia sold approximately 850,000 metric tons over the most recent twelve-month season. That compares to 340,000 tons sold during the previous period. China has already canceled several soybean purchases from the U.S. in anticipation of …
USTR To Review Thailand’s GSP Trade Benefits
The Office of the U.S. Trade Representative (USTR) has agreed with a request from the National Pork Producers Council to review Thailand’s eligibility for the U.S. Generalized System of Preferences (GSP) program because of that country’s failure to provide access to its market for U.S. products, including pork. NPPC, which last month filed a GSP review petition with USTR, is …
Equipment Groups Release Policy Survey Results
In April, the Equipment Dealers Association and the Association of Equipment Manufacturers surveyed their members about the impact of the Tax Cuts and Jobs Act and steel and aluminum tariffs on their businesses. Dealers and manufacturers were in consensus that the two most beneficial provisions of the tax legislation were the lower corporate tax rate and the favorable expensing provisions …