U.S. soybean exports could drop as much as 65 percent if the back-and-forth trade rhetoric battle between the two largest economies causes China to slap on retaliatory tariffs. Politico says that number comes from a soon-to-be-published report out of Purdue University. Earlier this month, China said it will put a 25 percent tariff on U.S. soybeans if President Trump follows …
U.S. Peanut Export Update
Tyron Spearman has this week’s peanut export update. U.S. Peanut Export Update Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Japan-EU Trade Agreement Threatens U.S. Pork Exports to Japan
The Department of Agriculture’s Foreign Agricultural Service says a Japan-EU trade agreement threatens U.S. pork exports to Japan. Japan and the EU announced finalization of negotiations on the Japan-EU Economic Partnership Agreement in December of last year. For 2017, Japan imported $1.68 billion of pork from the U.S. and $1.69 billion from the European Union. Japan ranked as the world’s …
Agri View: Trade Problems with China
Everett Griner talks about the trade problems with China, and the farmers concerns about metal imports, in today’s Agri View. Everett explains some of the different reasons for concern for farmers. The recent increase of tariffs on steel and aluminum has a lot of farmers shook up. Trade Problems with China There is more than one reason for their concern. …
Perdue Comments Regarding Chinese Duties on U.S. Sorghum
U.S. Secretary of Agriculture Sonny Perdue today issued the following statement regarding China’s announcement of duties of almost 179 percent on U.S. sorghum imports: “The international grain market is about the freest market there is, and it is ludicrous to even mention ‘dumping,’ because China can buy product from anywhere they choose. This is clearly a political decision by the …
USMEF on Argentina Opening to U.S. Pork
Last week it was announced that U.S. pork and pork products are now eligible for export to Argentina. Joe Schuele, with the U.S. Meat Export Federation (USMEF), has more details of what all this includes. USMEF on Argentina Opening to US Pork Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, …
National Sorghum Producers Disappointed in China Antidumping Determination
National Sorghum Producers expressed the organization is “deeply disappointed” in the preliminary antidumping determination issued by China’s Ministry of Commerce. China slapped a 179 percent tariff on U.S. sorghum imports. China is the largest buyer of U.S. sorghum products, purchasing more than $900 million worth last year. National Sorghum Producers released a statement Tuesday, saying U.S. sorghum producers and exporters …
Argentina Market Now Open To U.S. Pork
With strong support and input from the National Pork Producers Council, the United States and Argentina this week finalized an export certificate that allows the U.S. pork industry to ship product to the South American country. “Argentina has tremendous potential for U.S. pork exports,” said NPPC President Jim Heimerl, a pork producer from Johnstown, Ohio. “This is great news for …
ASA President Testifies to Congress Regarding Trade Tariffs
The American Soybean Association President says retaliation by China against U.S. tariffs would undercut prices received by soybean farmers, and further hurt a depressed farm economy. Testifying to lawmakers Thursday, ASA President John Heisdorffer asked members of Congress to help soybean farmers “be part of the solution,” rather than “collateral damage.” Heisdorffer, an Iowa farmer, highlighted the importance of maintaining …
USDA Proposes to Update Branding Requirements for Cattle from Mexico
The United States Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) is proposing to update its branding requirements for cattle entering the United States from Mexico. The changes would simplify the branding requirements, making the brands easier to apply and read, reducing errors. They would ensure Mexican cattle are easily identifiable and traceable for the remainder of …