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 …
State Ag Officials Voice Concerns with Trade Approach
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 …
USDA Says Meat and Animal Product Exports up in 2018
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 …
Agri View: River Barge Traffic
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 …
Ag Trade Program Could Boost U.S. Red Meat Exports
Last week, USDA provided more information on the actions it will take to assist farmers in response to trade retaliation imposed by foreign nations. And according to a story from U.S. Meat Export Federation’s Joe Schuele, the Ag Trade Promotion Program could boost U.S. red meat exports. Ag Trade Program Could Boost U.S. Red Meat Exports Sponsored ContentFlorida Cattle Enhancement …
U.S. Wheat Restructuring Efforts Close Moscow Office
As part of restructuring overseas offices, U.S. Wheat Associates will close its office in Moscow, Russia, at the end of this month. The organization says the reorganization reflects an effort to refocus resources toward markets with the best potential to grow U.S. wheat exports and returns for the farmers the organization represents. Based in part on the significant increase in …
China Predicted to cut U.S. Soybean exports
China’s exports of U.S. soybeans are expected to plummet over the next marketing year, according to the latest forecast. A soybean crushing industry executive told Reuters this week that China will almost entirely replace its soybean imports from the United States with Brazilian beans and other origins in the upcoming season. The latest forecast from China predicts Imports from the …
USDA Launches Trade Mitigation Programs
U.S. Secretary of Agriculture Sonny Perdue launched the trade mitigation package aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. Producers of certain commodities can now sign up for the Market Facilitation Program (MFP), while USDA will also begin to purchase identified commodities under a food purchase and distribution program. Additionally, USDA has begun …
ASTA Outlines Priorities for Final Farm Bill
The American Seed Trade Association (ASTA) urges members of the Farm Bill Conference Committee to include several key provisions important to the seed industry within the final bill. In a recent letter to conferees, ASTA highlighted the following priorities within the Conservation, Trade, Research, Horticulture and Crop Insurance titles: Conservation: ASTA is concerned with the proposal in the House version …
Trump Threatens to Add $200 Billion in More Tariffs
Bloomberg says President Trump wants to proceed with another $200 billion in tariffs on Chinese imports as soon as the public comment period wraps up next week. Six people familiar with the matter spoke anonymously with Bloomberg for the article. Companies and people have until Sept. 6 to submit comments on duties that will cover everything from semiconductors to selfie …