Today, Tyron Spearman provides an update on peanut contracts and export numbers. noting exports are still lower than they were this time last year.
Funding for Exports Awarded
The USDA Foreign Agricultural Service (FAS) has awarded funding for the expansion of U.S. products going to exports markets. Tyron Spearman has the story. The FAS links U.S. agriculture to the world to enhance export opportunities and global food security.
Strong Interest in U.S. Beef at Gulfood
There was a renewed sense of optimism as some 4,000 exhibitors met more than 100,000 buyers and other guests at Gulfood, one the world’s largest global food shows held annually in Dubai, United Arab Emirates. John Herath with the U.S. Meat Export Federation (USMEF) has the story. Gulfood 2022 was held Feb. 13-17 at the Dubai World Trade Centre.
U.S. Peanut Exports Still Down
New numbers indicate U.S. peanut exports are still down overall. Tyron Spearman runs through the latest figures and explains why they are lower.
Record-Breaking Exports Year Could Have Been Even Better
By Clint Thompson Records were made to be broken. It might have taken seven years, but the U.S. finally eclipsed its best exports mark in 2021. Veronica Nigh, economist with American Farm Bureau Federation (AFBF), discusses the value of $177 billion of exports of U.S. farm and food products had in 2021. “I think everyone was expecting it to be …
Records for Red Meat Exports Underscores Importance of Trade Agreements
U.S. red meat exports reached unprecedented levels in 2021. And according to a story from Joe Schuele, trade agreements played a major role in this success story. A detailed summary of the 2021 red meat export results is available from the USMEF website. 2021 Beef Exports Shatter Previous Records; Pork Export Value Also Reaches New High U.S. beef exports greatly exceeded previous …
Administration Considering New Tariffs on China over Phase One Deal
The Biden administration is looking at the possibility of new tariffs on China if they can’t persuade Beijing to live up to its failed commitments under the Phase One trade deal. Reuters says the administration is looking at other possibilities, including a closer working relationship with allies to present a united front against China. Myron Brilliant, the U.S. Chamber of …
New Records for Beef Exports, New High for Pork Export Values
According to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF), U.S. beef exports in 2021 exceeded previous volume and value records surpassing $10 billion for the first time. That same reports notes while pork exports finished slightly below the record volume reached in 2020, they did set a new value record topping $8 billion …
American Agricultural Exports Shattered Records in 2021
According to the final 2021 trade data published this morning by the U.S. Department of Commerce, exports of U.S. farm and food products to the world totaled $177 billion, topping the 2020 total by 18 percent and eclipsing the previous record set in 2014 by 14.6 percent. “These record-breaking trade numbers demonstrate that U.S. agriculture is incredibly resilient as it …
Record-Large Beef Exports Fuel Optimism
U.S. beef exports were near $10 billion in November, already shattering previous records, as we await the final numbers from December. Thus, international trade and the returns exports deliver for the U.S. industry were major topics of discussion during last week’s Cattle Industry Convention. Joe Schuele, with the U.S. Meat Export Federation (USMEF), has more details. Through November, beef exports …