Soybean Analyst Says China May Have to Buy More U.S. Soybeans

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

In spite of an ongoing trade war between the world’s two largest economies, China may actually have to start buying U.S. soybeans in the near future. A Reuters report says oil seed analysis organization Oil World, based in Germany, says South American countries can’t supply all the soybeans that China needs. China is the world’s largest soybean buyer and has …

U.S. Poultry Gains New Market Access in Morocco

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

U.S. Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue announced today that the government of Morocco has agreed to allow commercial imports of U.S. poultry meat and products into Morocco for the first time. “The Trump Administration continues to prioritize the opening of new markets for U.S. agricultural products.  This new access to the Moroccan market is …

Smithfield Foods Hit with Hefty Penalty in North Carolina

Dan Economy, Industry News Release, Pork

A federal jury in North Carolina decided on Friday that Smithfield Foods would have to pay a hefty dollar amount of $473.5 million dollars to neighbors of three of the company’s large hog farms. The neighbors had filed an unreasonable nuisance lawsuit because of odors, flies, and large trucks rumbling down the road. The jury says Smithfield owes the compensation …

Ag Holds Roundtable on Lawsuit Abuse

Dan Economy, General, Industry News Release

A special agriculture roundtable discussion took place on Friday in Raleigh, North Carolina. The goal was to highlight a recent wave of nuisance lawsuits in the state targeting hog farms. Lawmakers and agricultural leaders discussed the growing threat to farmers and how out-of-state lawyers are using nuisance lawsuits to get around states’ right-to-farm laws. The discussion included the economic impact …

Farm Futures Releases Crop Production Survey

Dan Corn, Industry News Release, Soybeans

The growing season has been wide and varied for America’s corn and soybean crops. Harvest seems to be on track for good, but not great yields. That’s according to a Farm Futures August crop production survey. However, even above average yields for the sixth-straight year could leave prices struggling, especially in a soybean market that’s getting hammered by tariffs on …

Chinese Ag Tariff List Grows Longer

Dan Exports/Imports, Industry News Release, Trade

China announced on Friday that it’s ready and willing to put tariffs on another $60 billion worth of American imports. If it follows through on the threat, the total tariff bill on American goods will be $130 billion. Agriculture continues to be on the hit list. Politico says an informal translation of the new list includes hops, maple syrup, whey …

Innovative Approach to Breeding Could Mean Higher Yields and Better Crops

Dan Field Crops, Industry News Release, Research

Agricultural Research Service (ARS) scientists in Albany, California, have found a way to streamline the process that scientists use to insert multiple genes into a crop plant, developing a reliable method that will make it easier to breed a variety of crops with vastly improved traits. The technology is expected to speed up the process for developing new varieties of …

USDA Invests $345.5 Million in Rural Electric Infrastructure to Improve Service

Dan Energy, Industry News Release

Projects Will Provide Improved Electric Reliability Agriculture Secretary Sonny Perdue announced that the U.S. Department of Agriculture (USDA) is investing $345.5 million in 20 infrastructure projects (PDF, 121 KB) to improve rural electric service in 14 states. “Delivering reliable and affordable electricity to power rural America will help lay the groundwork for increased rural prosperity and economic opportunity,” Secretary Perdue said. “USDA …

Cattlemen Hold Successful Summer Business Meeting

Dan Cattle, Industry News Release

More than 700 cattle industry leaders from across the country took part in the Cattle Industry Summer Business Meeting last week in Denver, Colorado. During the event, the National Cattlemen’s Beef Association’s (NCBA) board of directors formally adopted policy positions on issues like international trade, the regulation of fake meat, and modernizing the Endangered Species Act. Joint Committees and Subcommittees met to …