USDA Lowers Expected U.S. Corn Exports, Raises Ending Stocks

Dan Corn, Exports/Imports, Field Crops, National Corn Growers Association (NCGA)

Last week, the U.S. Department of Agriculture (USDA) released their December World Agricultural Supply & Demand Estimates (WASDE) report, which shows most U.S. grain and oilseeds estimates were unchanged from the previous month. Citing slow sales and shipments through early December and competition from other exporters, the USDA lowered corn exports for the 2022/23 marketing year by 75 million bushels resulting in an …


Beef Agreement between U.S., Japan Officially Set for January 1, 2023

Dan Beef, Cattle, Exports/Imports, Marketing, Trade

U.S. Trade Rep Katherine Tai and Japan’s Ambassador to the U.S. confirmed that amendments to the beef safeguard trigger level under the U.S.-Japan Trade Agreement will trigger on January 1, 2023. The letters confirmed both countries completed their procedures to put the protocol in place. “The new beef safeguard agreement will ensure that America’s farmers and ranchers can continue to …


U.S. Live Holiday Plant Imports Growing

Dan Exports/Imports, Nursery Crops, Specialty Crops, This Land of Ours

The U.S. is importing more live holiday plants. That’s coming up on This Land of Ours. Christmas trees and poinsettias are iconic symbols of the holiday season. While the vast majority are grown in the United States for domestic use, a small share of both plants comes from Canada, according to USDA’s Economic Research Service. Trade is highly seasonal, with …

trade mission

USDA Kicks Off Spain Trade Mission Delegation

Dan Agri-Business, Exports/Imports, This Land of Ours, Trade, USDA-FAS

The USDA kicks off its trade mission in Spain. That’s coming up on This Land of Ours. The Department of Agriculture’s Foreign Agricultural Service Associate Administrator Clay Hamilton arrived Monday in Madrid to launch a USDA agribusiness trade mission to Spain. More than 70 participants, representing various sectors of U.S. food and agriculture, including businesses, trade associations, and state government, …

Black Sea Grain Deal

Black Sea Grain Deal Extended

Dan Agri-Business, Exports/Imports, Field Crops, Wheat

The Black Sea Grain deal, a global food lifeline and key for world fertilizer supplies is being extended for several more months. The grain initiative was set to expire last weekend in what could have been another tragic consequence of Russia’s war against Ukraine, risking starvation in much of the developing world. At an APEC summit in Thailand, Secretary of …