Nutrien, the world’s largest fertilizer producer, says Russia’s invasion of Ukraine could result in prolonged disruptions of fertilizer supplies. In a report from Reuters, Interim Chief Executive Ken Seitz said Nutrien will boost potash production if it sees sustained supply problems in Russia and Belarus, the world’s second-and third-largest potash producing countries after Canada. The comments come as farmers are …
Ag Exports Projected for $183.5 Billion for FY ’22
By Clint Thompson U.S. agricultural exports produced record results in 2021. The fiscal year (FY) 2022 forecast is projected to even eclipse that $177 billion number. Daniel B. Whitley, administrator in the U.S. Department of Agriculture Foreign Agricultural Service, said projections are forecast for $183.5 billion for FY 2022. “This is unprecedented. This is unheard of,” Whitley said during the …
Peanut Contracts, Exports Numbers
Today, Tyron Spearman provides an update on peanut contracts and export numbers. noting exports are still lower than they were this time last year. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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. Sponsored ContentNuseed Carinata …
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. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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 …