The USDA’s Foreign Agricultural Service (FAS) released a report titled “U.S. Beef Exports to East Asia on a Record Pace.” Despite economic uncertainties brought on by COVID, continued global supply chain challenges, and a competitive global beef market, American exports to East Asia were outstanding in the first half of 2022 in terms of value and volume. The report says, …
New Dollars to Help Expand Export Markets
New dollars have been awarded to various agricultural organizations to help expand export markets in 2023. Tyron Spearman has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Record Beef Exports, Rebounding Pork Exports in 2022
Exports of U.S. beef for the year have surpassed the $10 billion mark for the just the second time and are on pace to approach $12 billion when all 2022 shipments are tallied. U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom comments on the growth in market diversity that has driven demand for U.S. red meat in 2022, especially …
USDA Economist Not Worried About Potential Ag Trade Deficit
The U.S. Department of Agriculture (USDA) is forecasting an agricultural trade deficit in 2023. While deficits have happened in the past, the agency has never forecast one in advance until this year. The agency says ag exports are projected to reach $190 billion next year, but imports are projected to rise to $199 billion. Seth Meyer, chief economist with USDA, …
Hoping to Send More U.S. Peanuts to the European Union
Efforts continue to see that more U.S. peanuts head towards the European Union. Tyron Spearman has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Amazing Year for Beef Exports
2022 was an amazing year for U.S. beef exports, according to Joe Schuele, vice president of communications for the U.S. Meat Export Federation (USMEF). He recently told AgNet Media this all comes after a record year in 2021. Schuele noted that next year, U.S. beef exports numbers will probably be down a bit. October Pork Exports Largest in 16 Months; …
U.S. Dairy Salutes USTR’s Pursuit of Canadian USMCA Compliance
Tuesday, both the National Milk Producers Federation (NMPF) and U.S. Dairy Export Council (USDEC) commended the U.S. Trade Representative’s announcement that it is filing a new request for dispute settlement consultations with Canada in order to expand the scope of the second U.S.-Mexico-Canada Agreement (USMCA) dairy dispute to include additional elements necessary to ensure that Canada fully complies with its USMCA obligations. The initial …
Vilsack Keeps Up Pressure on Mexico Over GMO Corn Ban
USDA Secretary Tom Vilsack is keeping up the pressure on Mexican officials to back off plans in 2024 to ban imports of GMO corn. Vilsack planned to hear from Mexican officials visiting Washington about how they’d modify President Lopez Obrador’s plans to ban imports of genetically modified corn starting in 2024. But he also had a warning. “If the proposal …
Tracking Usage, Exports of U.S. Peanuts
With the new crop of peanuts filling warehouses, many are tracking where not only usage, but also exports numbers are right now. Tyrion Spearman looks at the latest reports. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Impressive U.S. Pork and Beef Exports Numbers
A new report shows October exports of U.S. pork were the largest in more than a year, while beef export volume also increased from a year ago. And, according to the data released by USDA and compiled by the U.S. Meat Export Federation (USMEF), U.S. beef exports are on a record pace in 2022 and have already exceeded $10 billion. USMEF President …