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Farm Bureau says U.S.-Japan Trade Statement Bodes Well for Future
The following statement can be attributed to American Farm Bureau Federation President Zippy Duvall: “The joint statement between President Trump and Japanese Prime Minister Shinzo Abe regarding the pursuit of trade opportunities that benefit both nations is great news for America’s farmers and ranchers. This affirmation by both nations to enter negotiations bodes well for the future and indicates the …
Senators Take Aim at Unfair Trade Practices Hurting Florida Fruit and Vegetable Growers
U.S. Senators Bill Nelson (D-Fla.) and Marco Rubio (R-Fla.) introduced legislation to help Florida fruit and vegetable growers combat unfair trade practices. The bill comes amid long-standing and increasing complaints from Florida farmers that Mexican growers illegally flood the U.S. market with subsidized produce during the winter season. Florida is one of the few places in the country that can …
EU Chef Team Learns about U.S. Beef
A team of chefs from Poland, Finland, Germany, Romania, Italy, France, Holland, the Czech Republic and Bulgaria recently spent a week in Colorado learning about U.S. beef as part of a U.S. Meat Export Federation (USMEF) program designed to make them advocates for U.S. beef back in their home countries. Ralph Loos has the story. EU Chef Team Learns about …
NPPC: Auto Import Tariffs Will Prompt More Retaliation Against American Agriculture
U.S. tariffs on auto imports likely would prompt retaliation from some of American agriculture’s biggest trading partners, leading to catastrophic financial harm to farmers, warned the National Pork Producers Council in comments submitted to the Senate Committee on Finance. In its ongoing efforts to realign U.S. trade policy, the Trump administration is considering putting duties on autos and auto parts …
China Passing on U.S. Soybeans, Purchasing from Brazil
China soybean processors are purchasing record volumes of Brazilian soybeans and cutting purchases of U.S. soybeans. U.S. soybeans face steep tariffs in China thanks to the ongoing tit-for-tat trade war between the U.S. and China. A Singapore-based trader told Reuters that China is “willing to pay higher prices for Brazilian beans than what domestic crushers are paying.” Brazil’s typical soybean …
Updated KORUS Protects Current Market Share
The new KORUS agreement offers a sigh of relief for U.S. beef and pork. The U.S. Meat Export Federation says the market access terms secured in the original KORUS not only helped increase U.S. red meat’s market share in South Korea, but also bolstered consumption by making U.S. beef and pork products more affordable and accessible to Korean consumers. Those …
NCBA: KORUS “Tore Down” Trade Barriers, Helped Increase Beef Exports
National Cattlemen’s Beef Association (NCBA) President Kevin Kester released the following statement in response to the signing of the modernized Korea-United States Trade Agreement (KORUS): “KORUS is a prime example of how U.S. producers benefit from trade agreements that reduce tariffs and implement science-based standards. Less than a decade ago, U.S. beef exports to South Korea were severely limited by …
Lower Pork Prices Helping Demand
Pork production is accelerating, prices are lower, and demand is improving. New Data from the Department of Agriculture shows that lower pork prices this year have encouraged domestic and foreign consumers to buy more U.S. pork. Meat industry publication Meatingplace reports 2018 total cold stocks of pork have remained at or below three and five-year averages so far, and large …
Escalating Trade War with China Will Increase Damage to American Soybean Farmers
The Administration’s decision to impose 10 percent tariffs on an additional $200 billion in Chinese imports—and China’s subsequent retaliation on $60 billion of U.S. products—deepens and prolongs the trade war between the two countries, posing even more adverse consequences for American soybean farmers. Davie Stephens, a soybean grower from Clinton, Kentucky, and American Soybean Association (ASA) vice president stated, “If …