An American Farm Bureau Federation (AFBF) official says President Trump’s decision to delay much of his latest tariff threat against China is a hopeful sign constructive trade talks can re-start. AFBF trade adviser Dave Salmonsen hopes the delay to December 15 in Trump’s 10-percent duty on some Chinese electronics, footwear and clothing, will do more than just avert higher holiday …
Opportunities for U.S. Agricultural Exports in Canada
(USDA/FAS) — Canada is the United States’ largest export market for agricultural and agricultural-related products (includes distilled spirits, ethanol, biodiesel, fish, and forest products) with exports valued at $25 billion in 2018, accounting for more than 15 percent of total U.S. agricultural exports to the world. Canada is the only market where U.S. agricultural exports have consistently exceeded $20 billion …
U.S. Beef Exports to South Korea Continue to Soar
U.S. Beef exports to South Korea Continue to soar. Joe Schuele has more details. A detailed summary of U.S. beef, pork and lamb exports through the first half of the year is available on the U.S. Meat Export Federation (USMEF) website.
China’s Buying Halt of U.S. Ag May Not Be Total
Many in agriculture are concerned after it was announced this week that China was stepping away from purchasing U.S. farm imports after President Trump increased tensions by his proposal to add 10% tariffs on another $300 billion in Chinese imports starting September 1. And while some say this stoppage may not be total, it’s still not good news for many farmers …
NCBA on Improved Access to EU for U.S. Beef
Last week during a White House signing ceremony, it was announced an agreement had been reached to establish a duty-free quota for high-quality American beef in the European Union (EU). The Office of the U.S. Trade Representative (USTR) said once implemented, the annual quota will increase from 18,500 metric tons in year one to 35,000 metric tons in year seven. …
Strong Finish to First Half for U.S. Pork, Beef Exports
(NAFB) — U.S. pork and beef exports were above year-ago levels in both volume and value in June, according to the U.S. Meat Export Federation. Led by a rebound in Mexico and China, pork export value was the highest in 14 months. June pork exports posted double-digit gains in both volume and value, reaching 212,800 metric tons, valued at $569.2 …
Agreement Improving Access for U.S. Beef in EU Signed
Late last week at the White House an agreement was signed granting the U.S. a country-specific share of the European Union’s duty-free high-quality beef quota. And according to a report from Joe Schuele, U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom participated in that White House ceremony.
China Trade Standstill More Bad News for Farmers
The following statement is fromAmerican Farm Bureau Federation President Zippy Duvall: “China’s announcement that it will not buy any agricultural products from the United States is a body blow to thousands of farmers and ranchers who are already struggling to get by. “In the last 18 months alone, farm and ranch families have dealt with plunging commodity prices, awful weather …
Report Notes China Halting U.S. Agricultural Purchases
According to Bloomberg News, China has announced they are stepping away from further U.S. farm imports after President Trump increased tensions with the U.S. biggest agricultural trading partner last week. The Chinese government has asked its state-owned enterprises to suspend purchases of U.S. agricultural products, people familiar with the situation said. Trump last week proposed adding 10% tariffs on another $300 …
Commissioner Nikki Fried on China Halting U.S. Agricultural Imports
Tallahassee, Fla. (FDACS) – The Chinese government announced it will halt purchases of U.S. agricultural products, in response to President Donald Trump’s escalation of his trade war with China. Financial markets reacted with shock, calling it “massive…on a scale of 1 to 10, it’s an 11.” Earlier this year, China imposed 25 percent tariffs on many American agricultural products, which has been devastating …