trump

CEOs Join Trump on China Trip

President Trump continues talks in China today and has a team of CEOs at his side. This is the first visit to mainland China from a sitting president since President Trump visited in 2017 during his first term. This trip includes about a dozen business executives, including CEOs from Nvidia, CEO of Apple, from Boeing, and the CEO of Citibank as well. Bottom Line …

soybean

Brazil Gaining on US Exports

The U.S. is competitive in agricultural production, but one country is creeping up on the total production above the United States. It’s Brazil, another powerhouse in ag production. They have $144 billion in ag exports in 2024. They rank first in global exports of soybeans, number one in beef, number one in veal, cotton, and chicken, and second in corn and soybeans. Also, …

exports

A Look at US Ag Exports

The U.S. is highly competitive in agricultural production and the largest agricultural exporter in the world. In 2024, exports were estimated to total $181 billion. Given that the world population is expected to reach nearly $10 billion by 2050, the U.S. is well-positioned to be the source of agricultural products to feed a growing population. Moreover, global gross domestic product is expected to grow …

corn futures

USDA Announces Expanded Partnership with EXIM Bank

The U.S. Department of Agriculture has announced an expanded partnership with the Export-Import Bank of the United States (EXIM). This partnership is expected to increase domestic ag production and exports, while reducing the ag trade deficit.  In addition to this partnership, USDA also announced the launch of the Financial Assurance to Revitalize Markets Initiative, an effort to strengthen and modernize …

Trade discussions between the US and China may have significant impacts to agriculture. Agricultural markets across the Southeast are continuing to react to last week's summit between President Trump and Chinese President Xi Jinping, where trade and agricultural purchases were major topics of discussion. Following the meetings in Beijing, reports indicated China may expand purchases of US agricultural products as part of broader efforts to stabilize trade relations after last year's tariff escalation disrupted export markets and commodity prices. That is especially important for Southeastern agriculture because commodities like cotton, peanuts, poultry, soybeans, and timber products all depend heavily on international demand and export movement. Market analysts say cotton producers in Georgia and Alabama are watching particularly closely since export sales remain one of the biggest drivers of cotton prices. Peanut growers are also monitoring negotiations because trade stability can influence global commodity movement and overall market confidence heading into harvest planning later this year. While no major new tariff rollbacks have been formally announced yet, agricultural groups are looking for signs that China could increase long-term purchasing commitments for American farm products in the coming months. Growers across the Southeast remain cautious, however, because many trade uncertainties that impacted commodity prices over the past two years remain unresolved. /audio Audio Reporting by Josh McGill for Southeast AgNet.

Fed Meeting Review and China Trade Talks

To no one’s surprise, the Federal Reserve Board expected to leave interest rates unchanged at the conclusion of their meeting. Looking at CME’s FedWatch tool shows a better than 90% chance rates will not change at the June meeting or July meeting. There is no meeting in May. There’ll be a new Fed chairman when the board does meet in June …

non-tariff

Addressing Non-Tariff Trade Barriers Central To Agricultural Trade Negotiations

Addressing non-tariff barriers have been central to agricultural trade negotiations and we sat down with Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg to learn more. Under Secretary Lindberg said, “To me it’s actually one of the best stories of the past year. We have had a remarkable shift in the way in which our team at the U.S. …

vietnam

Insights From the Recent Agricultural Trade Mission to Vietnam

The Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg recently led a group of farmers to Vietnam on an agricultural trade mission and we spoke with Under Secretary Lindberg to get his insights on those discussions. Under Secretary Lindberg said, “The Vietnam one to me was a great story of opportunity. So the U.S.-Vietnam economic relationship is one that’s …

trade missions

Under Secretary Lindberg Shares Details on Reduction in Trade Deficit

During testimony on Capitol Hill last week, U.S. Secretary of Agriculture Brooke Rollins announced a reduction in the agricultural trade deficit and we caught up with Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg to learn more. Under Secretary Lindberg said, “So I have been, since the time I was nominated for this role, highly focused on moving …

U.S.-UK trade

Insights Provided on US – UK Trade Deal on Beef Exports By Under Secretary

Trade negotiations have been a main focus of the Trump administration and we caught up with Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg to learn how the trade deal between the United States and the United Kingdom will impact beef producers.  Under Secretary Lindberg said, “Yeah, so one of the very first, if not, I think it …

soybean

American Soybean Association Calls for Additional Sales to China

The American Soybean Association is calling for the Trump Administration to prioritize soybean exports in upcoming trade talks with China. The ASA called for these additional purchases of soybeans in a letter to the White House with the additional request of removing the remaining 10% retaliatory tariff on U.S. imports into China. ASA President Scott Metzger said, “Farmers continue to …