grain trade

U.S. Supplying More Than Half of the E.U. Soybeans

Dan Exports/Imports, Industry News Release, Soybeans, Trade

The European Commission released a report that says American farmers are now supplying more than half of the European Union’s soybeans. Over a 12-week period from July through mid-September, U.S. soy exports to the EU were 133 percent higher than the same time period in 2017. Politico says the U.S. supplied 25 percent of the EU’s soybeans needs from July …

salmonella

Rabobank: Global Poultry Prices Under Pressure

Dan Exports/Imports, Industry News Release, Pork, Poultry, Trade

A Rabobank report says a historic drop in poultry exports from Brazil is shaking up trade in the commodity around the world. The latest quarterly outlook on the industry says African Swine Fever could also indirectly affect the industry. Global poultry prices dropped by an average of five to 10 percent in the second quarter of this year. African Swine …

dicamba

U.S. Cotton Exports and Demand Still Good

Dan Cotton, Exports/Imports

While the trade war with China continues, some wonder how it is affecting U.S. cotton exports to that country. Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council (NCC), looks at exports for U.S. cotton and notes what impacts the tariffs have had on demand. U.S. Cotton Exports and Demand Still Good

china

China Sets More Tariffs on U.S. Food and Ag Imports

Dan Exports/Imports, Industry News Release, Trade

China said Tuesday that it will hit back against President Donald Trump with retaliatory duties of five or 10 percent against another $60 billion worth of American products. The response comes one day after Trump issued the largest number of tariffs yet in an escalating trade dispute. Politico says China is scheduled to implement their plan on Monday to coincide …

agricultural

Trump Administration Seeking China Trade Talks

Dan Exports/Imports, Industry News Release, Trade

The Trump administration proposes a new round of trade talks between the U.S. and China to stop an additional round of tariffs on Chinese exports. The Wall Street Journal reports the invitation comes as the Trump administration senses new vulnerability—and possibly more flexibility—among Chinese officials pressured by U.S. tariffs imposed earlier this year and threats for more. Treasury Secretary Steven …

soybeans

China Cuts Soybean Import Forecast

Dan Exports/Imports, Industry News Release, Soybeans, Trade

China this week lowered its forecast for the 2018-2019 import season for soybeans due to the trade conflict between the U.S. and China. Farmers are reducing their use of soybeans in animal feed in China as China has placed massive tariffs on U.S. soybeans. Imports of soybeans in the crop year that starts on October first will be 83.65 million …

trade advisory

State Ag Officials Voice Concerns with Trade Approach

Dan Exports/Imports, Industry News Release, Trade

State agriculture officials say the Trump administration needs to aggressively seek market access across the globe, while expressing concerns with the administration’s trade agenda. The National Association of State Departments of Agriculture passed two resolutions this week during its annual meeting that leadership says reaffirms the critical importance of international trade to the organization. The group of state agriculture officials …

dairy producers

USDA Says Meat and Animal Product Exports up in 2018

Dan Beef, Exports/Imports, Industry News Release, Pork, Poultry, Sheep-Goats

All major U.S. animal protein sources experienced growth in exports in the first half of 2018 compared to the same period in 2017. The Department of Agriculture’s Economic Research Service said this week that trade data for the first half of the year indicate year-over-year growth for U.S. exports of all major meats as well as dairy and eggs. Dairy …

opening

Agri View: River Barge Traffic

Dan Agri View, Exports/Imports, Trade

Everett Griner talks about problems on the river with barge traffic in today’s Agri View. River Barge Traffic You have already heard more about those tariff trade wars than you want to. There isn’t anything I can’t tell you that you haven’t heard already. Well, maybe there is. Towns along the Mississippi River, mostly farm towns, are in great trouble …