NASDA Conducts Vietnam Trade Mission

Dan Agri-Business, Exports/Imports, This Land of Ours, Trade

Exploring trade opportunities with Vietnam. That’s coming up on This Land of Ours. National Association of State Departments of Agriculture (NASDA) members and leadership traveled to Vietnam last week. The delegation embarked on the organization’s first trade mission to explore global emerging markets through the Department of Agriculture Emerging Markets Program. NASDA President and Wyoming Department of Agriculture Director Doug …

Keeping an Eye on the Grain Trade

Dan Corn, Cotton, Exports/Imports, Field Crops, Trade, Wheat

Many are watching the grain trade closely this week. Mark Oppold has more information on the factors why, and also looks at the tight range being found in the cotton market. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Price Erosion Expected in the Grain Trade

Dan Economy, Trade, Wheat

Price erosion is expected in the grain trade this week. Mark Oppold explains why. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

United States and Taiwan to Hold Trade Negotiations

Dan Agri-Business, Exports/Imports, Trade

The United States and Taiwan will hold an in-person negotiating round for the U.S.-Taiwan Initiative on 21st-Century Trade in Taipei. The negotiations are under the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States. The next round of talks is scheduled for January 14-17. The U.S. Trade Representative’s Office will lead the U.S. …

U.S. Beef Exports to East Asia on a Record Pace

Dan Agri-Business, Beef, Cattle, Exports/Imports, Trade, USDA-FAS

The USDA’s Foreign Agricultural Service (FAS) released a report titled “U.S. Beef Exports to East Asia on a Record Pace.” Despite economic uncertainties brought on by COVID, continued global supply chain challenges, and a competitive global beef market, American exports to East Asia were outstanding in the first half of 2022 in terms of value and volume. The report says, …

USDA Economist Not Worried About Potential Ag Trade Deficit

Dan Economy, Exports/Imports, Trade

The U.S. Department of Agriculture (USDA) is forecasting an agricultural trade deficit in 2023. While deficits have happened in the past, the agency has never forecast one in advance until this year. The agency says ag exports are projected to reach $190 billion next year, but imports are projected to rise to $199 billion. Seth Meyer, chief economist with USDA, …

Keeping an Eye on the Soybean Trade

Dan Economy, Soybeans, Trade

Soybean futures are something many agricultural traders are watching this week. Mark Oppold explains why. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

USDA and USTR Seek New Trade Advisory Committee Members

Dan Agri-Business, Trade

The Department of Agriculture (USDA) and the Office of the U.S. Trade Representative (USTR) are accepting applications for new members to serve on agricultural trade advisory committees. Members of the Agricultural Policy Advisory Committee advise the administration on implementing and enforcing existing U.S. trade agreements, negotiation of new agreements, and other trade policy matters. Members of the six Agricultural Technical …

U.S. Dairy Salutes USTR’s Pursuit of Canadian USMCA Compliance

Dan Cattle, Dairy, Exports/Imports, Marketing, National Milk Producers Federation (NMPF), Trade, U.S. Dairy Export Council (USDEC)

Tuesday, both the National Milk Producers Federation (NMPF) and U.S. Dairy Export Council (USDEC) commended the U.S. Trade Representative’s announcement that it is filing a new request for dispute settlement consultations with Canada in order to expand the scope of the second U.S.-Mexico-Canada Agreement (USMCA) dairy dispute to include additional elements necessary to ensure that Canada fully complies with its USMCA obligations. The initial …