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 ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 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 …
Soybean Farmers Can’t Replace Chinese Business
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 ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 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. …