New numbers out this week show that China is the new number one buyer of American agricultural goods. Pork Business Dot Com says the fiscal year 2017 numbers show that China bought $22 billion worth of agricultural products, which is a large jump from the $19.2 billion purchased the year before. That jump meant China moved into the number one …
Still Shipping U.S. Peanuts to China
Some have wondered if the amount of U.S. peanuts going to China would continue, but according to Tyron Spearman, it looks like it may. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Perdue: U.S. Farm Exports Hit 3rd Highest Level on Record
U.S. agricultural exports totaled $140.5 billion in fiscal year (FY) 2017, climbing nearly $10.9 billion from the previous year to the third-highest level on record, U.S. Secretary of Agriculture Sonny Perdue announced today. As it has done for well over 50 years, the U.S. agricultural sector once again posted an annual trade surplus, which reached $21.3 billion, up almost 30 …
Florida First Detectors Help ID Invasive Plant Pests Before They Spread
Florida has the most invasive species of any state in the country, and half of the insects, reptiles, arachnids and crustaceans imported into the United States come through Florida ports, University of Florida experts say. So, UF/IFAS has teamed up with government agencies to create the Florida First Detectors program, which teaches the public how to identify these insects before …
WTO Ruling an Important Win for U.S. Beef Exports to Indonesia
The World Trade Organization (WTO) has ruled in favor of the United States in a dispute over Indonesia’s complex import requirements for a number of agricultural products, including U.S. beef. And according to a story from Joe Schuele with the U.S. Meat Export Federation (USMEF), that ruling is expected to open up significant new export opportunities for U.S. beef in …
McKinney Visit to India Good for U.S. Pork
The National Pork Producers Council says the recent trip to India by Department of Agriculture Undersecretary for Trade and Foreign Affairs Ted McKinney bodes well for future pork exports. The trip, aimed at increasing U.S. agricultural export levels for India, allowed McKinney to press the nation to open access to U.S. pork. NPPC has been working for many years to …
Farmers Need Trade to Move Record Corn Crop
It’s no secret that American farmers produced another record corn crop, which means overseas market access will be a big key to limiting losses due to depressed corn prices. The Illinois Corn Growers Association says this is what farmers pencil out on paper to demonstrate why market access is so important to corn farmer profitability. “It looks like our ‘what …
U.S. Gets WTO Win on Indonesia’s Beef Import Requirements
The World Trade Organization (WTO) ruled in favor of the U.S. in a dispute with Indonesia over its complex and vague import requirements for beef and beef products. The U.S. Meat Export Federation says the WTO report found that all 18 of the import measures challenged by the U.S. were inconsistent with WTO rules governing trade. The ruling marks the …
Decline in U.S. Peanuts Exports
A new report indicates the decline in exports of U.S. peanuts continue. Tyron Spearman has the updated numbers. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
China Online Mall To Buy Large Amounts of Beef and Pork
JD.com Commits to Purchasing More Than $2 Billion of U.S. Goods Over Next Three Years Includes agreements to import over $1.2 billion of U.S. beef and pork JD.com, (NASDAQ:JD), China’s largest retailer, participated in a signing ceremony held at the Great Hall of the People, with the company entering agreements to purchase in excess of $1.2 billion of beef from The Montana Stock Growers Association (MSGA) …