The United States exported a record-breaking 2.6 billion bushels of U.S. soy and soy products, valued at more than $28 billion last market year, ending in September. The U.S. also set a record high in combined volume of the whole soybeans, soybean meal and soybean oil exported in 2017/2018, with soybean meal exports accounting for the greatest growth. The records …
Florida Set to Receive Funds as USDA Awards $200 Million to Agriculture Organizations
The U.S. Department of Agriculture (USDA) announced a $200 million award to 57 organizations through the Agricultural Trade Promotion Program to help the nation’s agriculture community identify and access new export markets. The Florida Department of Citrus was one of the specified organizations and is set to receive $550,000 in funding to promote citrus in various new markets. Commissioner Nicole “Nikki” Fried shared, “We’re thrilled the USDA has provided this opportunity …
USDA Awards Agricultural Trade Promotion Program Funding
U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture (USDA) has awarded $200 million to 57 organizations through the Agricultural Trade Promotion Program (ATP) to help U.S. farmers and ranchers identify and access new export markets. The ATP is one of three USDA programs created to mitigate the effects of unjustified trade retaliation against U.S. farmers and exporters. …
Study Shows Trade Agreements by Competitors will Threaten U.S. Dairy Exports to Japan
A study released by the U.S. Dairy Export Council projects that new trade agreements between Japan and other countries will put U.S. dairy exports at a competitive disadvantage, resulting in lost U.S. sales of $5.4 billion over 21 years. The Japanese dairy market, the fourth-largest export destination for U.S. dairy exports, is expected to continue to grow in years to …
Groups Urge Administration To Lift Metals Tariffs
A diverse, ad hoc coalition of more than 45 groups representing many sectors of the U.S. economy joined the National Pork Producers Council in calling for an end to U.S. tariffs on Canadian and Mexican aluminum and steel imports so that America can take advantage of the U.S.-Mexico-Canada Agreement (USMCA). The Trump administration on June 1, 2018, imposed a 25 …
Solid Potential for U.S. Beef in Newly Opened Moroccan Market
USDA and the Office of the U.S. Trade Representative recently announced that Morocco is open to imports of U.S. beef. And according to the U.S. Meat Export Federation (USMEF) representative in Africa, Morocco is one of these places that’s exciting when it comes to U.S. beef and U.S. beef variety meat. Joe Schuele has the story. Monty Brown, U.S. Meat Export Federation …
Plenty of Agriculture Trade Opportunities for U.S. and Europe
There continues to be abundant opportunities for farm trade between the United States and the European Union despite the omission of agriculture in the European list of negotiating areas on a potential free trade agreement, European agricultural leaders said during a workshop at the American Farm Bureau Federation’s 100th Annual Convention. U.S. farmers and farm state lawmakers have pushed hard …
Corn Producers See Value through Red Meat Exports
The U.S. Meat Export Federation (USMEF) recently received the results of an updated study aimed at quantifying the value delivered to U.S. corn producers through exports of red meat. Joe Schuele reports the original 2016 study, as well as the 2018 follow-up, were conducted by World Perspectives, Inc., a leading agricultural consulting firm. Dave Juday, senior analyst for World Perspectives, explains that …
Promoting U.S. Peanuts Overseas
The American Peanut Council (APC) is starting off a the new year with efforts to promote U.S peanuts in other countries. Tyron Spearman has the story.
Shutdown Delays USMCA Trade Agreement
The government shutdown could stall progress on President Trump’s North American Free Trade Agreement replacement, the U.S.-Mexico-Canada Agreement (USMCA). Analysis of the agreement has stopped during the shutdown as the U.S. International Trade Commission, responsible for examining the trade agreement, remains at a standstill. If continued, Politico reports the shutdown could delay release of the report on the economic impact …