China has stopped buying U.S. soybeans as a result of a trade war between the two nations. Bunge Ltd. CEO Soren Schroder told Bloomberg this week that China is instead buying soybeans from Canada and Brazil. China last month announced the planned tariff on U.S. soybeans, shifting the nation’s buying habits. The tariffs are part of an ongoing trade dispute …
More Optimistic about Future of NAFTA
The pace of NAFTA negotiations recently accelerated, as U.S. Trade Representative Robert Lighthizer and his counterparts from Canada and Mexico concluded four days of ministerial-level meetings. U.S. Meat Export Federation’s Joe Schuele has more. More Optimistic about Future of NAFTA Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Trump Tariffs Impacting Manufactures, Ag and Beer Makers
Ongoing trade disputes, along with President Trump’s tariff efforts are hurting U.S. consumers of steel and aluminum. Market fluctuations in prices are impacting the makers and builders of grain bins, metal building, farm equipment, and even the beer industry. The Beer Institute, which represents the brewing industry, calls the tariff on aluminum a $347 million tax on the U.S. beer …
Agri View: Tough Times for Cotton Producers
Everett Griner talks about the tough times cotton producers have had in today’s Agri View. Everett looks at what needs to change and what is in the future for cotton producers. Tough Times for Cotton Producers Cotton farmers have had some tough times during the last decade. They have made good crops. They haven’t made any money. Industry leaders say …
U.S. Beef Could Expand In E.U. To Help Avoid Trade War
The European Union is preparing to allow more tariff-free U.S. beef into the region as part of an attempt to avoid a trade war. Politico says the move comes at the same time French President Emmanuel Macron and German Chancellor Angela Merkel are making high-level diplomatic trips to Washington, D.C. Both leaders are trying to dissuade President Donald Trump from …
Demand for Chilled U.S. Beef Continues to Soar in Taiwan
Good news for U.S. beef producers, in that demand for chilled U.S. beef continues to soar in Taiwan. U.S. Meat Export Federation’s Joe Schuele has more on that story. Demand for Chilled U.S. Beef Continues to Soar in Taiwan Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farm State Senators Worry About Trade During Hearing
The Senate Agriculture Committee convened a hearing on Tuesday and expressed a great deal of concern over the trade strategy of President Donald Trump and its effects on the U.S. farm economy. Politico says farm-state senators used the opportunity to direct Ag Secretary Sonny Perdue to impress on the Trump administration just how sensitive commodity markets are to trade actions. …
Soybean Growers Talking Tariffs, Trade on Capitol Hill
American Soybean Association farmer-leaders from across the country are on Capitol Hill this week to talk with lawmakers about the potential impact of Chinese tariffs on U.S. soybeans. ASA President John Heisdorffer says China purchases 61 percent of U.S. soybean exports, as well as 30 percent of the overall U.S. soybean production. “In short, trade with China matters and is …
Sorghum Prices Falls Three Times Lower After China Tariff Announcement
Grain-handling company Scoular tells Bloomberg that sorghum bids in the Gulf of Mexico have all but disappeared in the wake of a Chinese decision to impose a 179 percent tariff on U.S. imports. Bob Ludington oversees the Omaha, Nebraska-based company’s grain and oilseed division, and says there’s been very little trade. While some U.S. grain elevators are still bidding for …
Farmers for Free Trade Report Highlights Damage from Chinese Retaliation
Farmers for Free Trade released a new report that highlights the significant impact that Chinese retaliation from steel and aluminum tariffs will have on a number of U.S. industries. The report shows that many American commodities will be hit hard, including U.S. wine, almonds, walnuts, pork, cherry, and several other commodities. The report also says certain states’ economies will be …