China and the U.S. are shipping goods back and forth at the quickest pace in years. Bloomberg says that’s making it look as if the tariff war and COVID-19 never interrupted the world’s largest bilateral trade relationship. Bilateral trade in goods is an area of stability in a relationship that otherwise continues to struggle. In February of 2020, monthly two-way …
Taiwan’s Demand for U.S. Beef Remains Strong
With a remarkably low number of COVID-19 cases in 2020, Taiwan remains a leading destination for U.S. beef exports. According to U.S. Meat Export Federation (USMEF) Senior Vice President for the Asia Pacific, Joel Haggard, this is despite a slow start to 2021. According to USMEF, Taiwan has taken a record volume of nearly 64,000 metric tons (mt) valued at more than …
Strong Variety Meat Demand Drives Record Month for Red Meat Exports
We told you last week that for the month of June, both U.S. beef and pork export values shattered previous records that were set back in May. Joe Schuele, with the U.S. Meat Export Federation (USMEF), has details on how strong variety meat demand helped drive the record month. A detailed summary of red meat export results is available on …
Factors Affecting Trade Markets Discussed at Recent Meeting
During the recent USA Peanut Congress, one topic discussed looked at the factors that are currently affecting trade. Tyron Spearman has the story. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Broad-Based Growth Drives U.S. Beef and Pork Exports to New Heights
According to data released Tuesday by the U.S. Department of Agriculture, and compiled by the U.S. Meat Export Federation (USMEF), both U.S. beef and pork export values shattered previous records set back in May. Fueled by impressive growth in a wide range of destinations, beef exports also reached a new volume high in May, while pork export volume was the …
Dairy Industry Urges Renewal of Trade Promotion Authority
To foster further expansion of U.S. dairy exports, the National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC) is calling on the Biden Administration to seek renewal of Presidential Trade Promotion Authority (TPA) following its expiration last Thursday, July 1, 2021. TPA lays out congressional expectations for trade agreements negotiated by the administration and establishes a clear …
USMCA Trade Officials Meeting in Mexico City
Trade representatives from the United States, Mexico and Canada meet this week to commemorate the first anniversary of the United States-Mexico-Canada Agreement (USMCA). Mexico’s Secretary of Economy, U.S. Trade Ambassador Katherine Tai, and Canada’s Minister of Small Business, Export Promotion and International Trade will attend the meeting. The officials meet today in Mexico City to exchange views on the achievements …
Peanut Export Update
U.S. peanut exports continue to be an important factor for producers, and Tyron Spearman looks at some of the factors affecting the current numbers. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
U.S. Export Shipments of Cotton Remain Strong
For the 2020 crop year, U.S. export shipments of cotton remain strong and are currently on pace to exceed the U.S. Department of Agriculture’s latest estimate of 16.4 million bales. Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council, runs through some of the latest numbers. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR …
USPF Applauds Senators’ Efforts for Peanut Industry
WASHINGTON, D.C. – The United States Peanut Federation (USPF) applauds the efforts of 19 U.S. Senators requesting assistance from the Biden Administration on European Union (EU) non-tariff trade barriers for U.S. peanut exports. Senators Raphael Warnock (D-GA) and Tommy Tuberville (R-AL) led the Senate’s effort on the letter. The U.S. Department of Agriculture (USDA) grades U.S. peanuts for quality and …