Grain Exports Provide $55.5 Billion in Economic Output

Dan Exports/Imports, Industry News Release, Wheat

Exporting feed grains and related products is worth a lot of money to the U.S. economy. Those exports offer billions of dollars in direct and indirect economic benefits to farmers, the rural communities they live in, and the nation as a whole. Research commissioned by the U.S. Grains Council and the National Corn Growers Association provided concrete numbers to the …

John Deere to Supply Tractors in Cuba

Dan Exports/Imports, Industry News Release

In an agreement signed last week, John Deere is expected to be the first direct sale of U.S. machinery to Cuba in more than half a century. An agreement signed at the Havana Fair last week between John Deere executives and Cuba calls for the shipment of “several hundred tractors and associated implements” over a four-year period. Farm Equipment Magazine …

China Pork Imports to Increase

Dan Exports/Imports, Industry News Release, Pork

Rabobank expects China to increase its pork imports through the last few months of the year. A new report by Rabobank suggests a stronger pricing trend, as the major importing countries, including China, will likely maintain steady import growth. China’s pork imports were down 27 percent in the first eight months of this year. Meat industry publication Meatingplace reports China’s …

Egypt Issuing Wheat Import Guidelines to Tackle Trade Problems

Dan Exports/Imports, Industry News Release, Wheat

Egypt plans to issue a streamlined guide on wheat import regulations for global traders. The guidelines will detail all specifications, procedures, and regulations for traders selling to the world’s largest buyer, Egypt. The guidelines will be issued within the next two weeks. Reuters says Egypt is looking to calm nervous suppliers who have been adding high-risk premiums because of what …

Ag Exports Key to Trump NAFTA Deficit Strategy

Dan Exports/Imports, Industry News Release, Trade

Senate Agriculture Committee Chairman Pat Roberts says agricultural exports are key to achieving President Donald Trump’s plan for reducing the trade deficit with NAFTA members. The White House says more ag exports into Canada and Mexico through the North American Free Trade Agreement will help reduce the trade deficit, and Senator Roberts agrees. Roberts spoke with U.S. Trade Representative Robert …

Mexico, Canada, Could Seek Dairy Access to U.S.

Dan Dairy, Exports/Imports, Industry News Release, Trade

Mexico and Canada may have little to ask for when it comes to ag trade barriers with the United States, but they could seek further dairy access. Former chief agriculture trade negotiator, Darci Vetter, told Politico since both Mexico and Canada have long wanted U.S. Food and Drug Administration recognition to sell Grade A dairy products like fresh yogurt and …

Highlights from August Red Meat Export Results

Dan Beef, Exports/Imports

According to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF), U.S. beef exports posted another outstanding performance in August, remaining well above last year’s pace. Joe Schuele has the story.   Another Strong Month for U.S. Beef Exports; Pork Exports Slightly Lower Year-over-Year U.S. beef exports posted another outstanding performance in August, remaining well above …

China Imports More U.S. Trash than Ag Products

Dan Exports/Imports, Industry News Release, Trade

China imports more U.S. trash than agricultural commodities, but that could soon change. China earlier this year filed a notice with the World Trade Organization about its plans to limit the entry of “foreign waste.” The Wall Street Journal reports this week that under the new rules, China by year’s end would ban imports of used plastics and require paper-scrap …

Beef Exports Remain Strong, Pork Slightly Lower

Dan Beef, Exports/Imports, Industry News Release, Pork

A monthly measure of meat exports shows U.S. beef posted another outstanding performance in August, remaining well above last year’s pace, and August pork exports increased from the previous month but were down slightly year-over-year. The U.S. Meat Export Federation reports that August beef exports totaled 112,000 metric tons, up five percent from a year ago and the largest of …