The latest analysis of agricultural export promotion investment shows that U.S. public funding for its two largest export promotion programs is about $235 million per year. But due to inflation and other factors, the real value of this investment has declined 12 percent since 2011. During this same period, major competitors increased their investment in promotion of agricultural exports by …
Agri View: Shipping Affects Food Prices
Everett Griner talks about how shipping cost affects the prices consumers pay for food in today’s Agri View. Shipping Affects Food Prices Now anybody who reads a paper or watches the news on TV knows that vast amounts of every crop farmers grow is exported. It keeps American farmers in business. It takes a lot of big ships to transport …
Factors Driving Surge in U.S. Beef, Pork Exports in Korea
South Korea has been one of the top-performing markets for U.S. beef and pork over the past year. Joe Schuele with the U.S. Meat Export Federation (USMEF) has a story explaining some of the factors driving the surge. Factors Driving Surge in U.S. Beef Pork Exports in Korea Sponsored ContentFlorida Cattle Enhancement Board Provides Opportunities That Spark Research ProjectsApril 3, …
South Korea Driving Recent Surge in U.S. Beef/Pork Exports
For the past year, South Korea has been one of the top global markets for U.S. beef and pork exports. The South Korean director for the U.S. Meat Export Federation says the American beef industry has been very successful in restoring consumer confidence in U.S. beef. Many Korean restaurants and retailers that were once reluctant to carry U.S. beef now …
Improving Global Demand and Increased Stocks in Key Exporting Countries Offer Mixed Signals for Cotton Outlook
National Cotton Council economists point to a few key factors that will shape the U.S. cotton industry’s 2018 economic outlook. In recent months, cotton prices have maintained a stronger appearance despite the increase in world production. Although the current supply and demand fundamentals appear somewhat bearish, strong U.S. export sales, a weaker U.S. dollar, heavy speculative buying, and large mill …
Foreign Competitors Increasing Spending on Ag Exports
Foreign countries that compete with the U.S. for world market share are increasing their spending on promoting ag exports. Several countries, as well as the European Union, spent close to $1 billion in public funds on ag export promotion in 2016. Studies are showing those countries outspent the U.S. 4 to 1. That’s a 70 percent increase in competitive public …
USMEF Reports on Beef Exports at Cattle Industry Convention
Last week during the 2018 Cattle Industry Convention in Phoenix, Arizona, the Beef Checkoff Program Export Growth Committee got a report from the U.S. Meat Export Federation (USMEF) concerning 2017 beef exports. Joe Schuele has the story. USMEF Reports on Beef Exports at Cattle Industry Convention And our coverage of the 2018 Cattle Industry Convention is brought to you by …
New Records for U.S. Beef Export Value, Pork Export Volume in 2017
2017 was a record-breaking year for U.S. red meat exports, with beef export value exceeding $7 billion for only the second time. Pork exports, meanwhile, easily surpassed the previous year’s volume record. The U.S. Meat Export Federation reports beef exports totaled 1.26 million metric tons, up six percent from 2016. This was the fourth-largest volume on record and the second-largest …
Livestock Exporting Discussed at Cattle Industry Convention
One of the speakers during last week’s cattle Industry Convention in Phoenix, Arizona was Renee Strickland, cattle producer and livestock exporter with Strickland Ranch and Exports in Myakka City, Florida. AgNet Media’s Gary Cooper talked with her about exporting livestock internationally. Livestock Exporting Discussed at Cattle Industry Convention Our coverage of the 2018 Cattle Industry Convention is brought to you …
U.S. Food Exports to Cuba Rising
The hard-line rhetoric against Cuba in Washington, D.C., has led to a chink in the diplomatic ties formed in the Obama-era. However, the amount of food exports going from the U.S. to Cuba paints a very different picture. The U.S-Cuba Trade Economic Council released numbers showing that agricultural exports to Cuba totaled up over $250 million in 2017. Those numbers …