U.S. turkey products are having a tough time in world export markets. Gary Crawford has the story. U.S. Turkey Exports Declining Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
NPPC Testifies In Support Of USMCA
Exports of U.S. pork and other American agricultural goods to Canada and Mexico are expected to grow under the new U.S.-Mexico-Canada Agreement (USMCA), the National Pork Producers Council (NPPC) testified at a hearing on the trade deal held by the International Trade Commission (ITC). The Trump administration recently concluded renegotiations with Canada and Mexico on a modernized North American Free …
Putnam Testifies Before U.S. International Trade Commission
Florida Commissioner of Agriculture Adam Putnam testified before the U.S. International Trade Commission in Washington, D.C. to voice concerns about the United States-Mexico-Canada Agreement’s potential negative economic impact on Florida’s produce industry. Excerpts from Commissioner Putnam’s remarks are below: “I’d like to address how the United States-Mexico-Canada Agreement could further impact vital US farm sectors in the absence of measures …
New Trade Patterns Makes Forecasting Exports Less Accurate
Comparing the pace of U.S. agricultural exports with last season’s pace may not be quite as reliable of a way to forecast exports like it was a year ago. Gary Crawford has the story. New Trade Patterns Making Export Forecasts Less Accurate Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril …
Beef Exports Remain Solid; Pork Exports Still Facing Headwinds
U.S. beef exports remained very strong in September while pork exports continued to be impacted by retaliatory duties in China and Mexico, According to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports cooled from the record results posted in August, but were still significantly higher year-over-year. September beef exports totaled 110,100 metric tons, …
Steel and Aluminum Tariffs Cancel Benefits of USMCA
Steel and aluminum tariffs by the U.S. will hurt agriculture more than NAFTA 2.0 will help. The updated North American Free Trade Agreement, known as the U.S.-Mexico-Canada Agreement (USMCA), would grow U.S. agricultural exports by $450 million a year, according to the Farm Foundation. However, the organization says the retaliatory tariffs in response to the tariffs that President Donald Trump …
Canada Willing to Stall Trade Deal with China until China is More Reasonable
Canada is willing to stall a potential trade deal with China until China starts behaving better, according to CBC News. Canada’s ambassador to China says a trade pact doesn’t seem likely to be reached until China shows flexibility on controversial policies. Ambassador John McCallum says right now, much of the work on a potential trade agreement is focusing on “bridging …
Federal Reserve: NAFTA 2.0 Won’t Help Dairy Industry
The North American Free Trade Agreement (NAFTA) replacement will not benefit dairy farmers, according to the Federal Reserve Bank. A report by the Federal Reserve says gains made by the new U.S.-Mexico-Canada Agreement that will replace NAFTA are “too small and too far in the future to help dairy farmers.” The Minneapolis Fed reported that “a substantial number of dairy …
China Wants to Stop Buying U.S. Soybeans
The biggest move by China against the U.S. in the tit-for-tat trade war could be a movement towards abandoning U.S. soybeans. China, facing a potential shortage following its 25 percent tariff on U.S. soybeans, is already purchasing from other suppliers and proposing to cut the amount of protein used in livestock feeds. CNN reports that one of China’s top feed …
Dairy Industry Applauds Work to Deepen Philippine Trade Relations
The U.S. Trade Representative announced progress in talks with the Philippines under the bilateral Trade and Investment Framework Agreement (TIFA). U.S. dairy producers and processors appreciate the Administration’s work to preserve and deepen market access ties with a country that purchased $243 million in U.S. dairy products last year. In a joint statement released about the recent achievements in resolving …