The deadline is here. The current farm bill expires at the end of this month, and lawmakers don’t seem close to passing a new one. There are many questions left open in each of the bill’s twelve titles, but when it comes to Title III-Trade, the question is all about money. “The big issues in the Farm Bill on trade …
U.S. Suppliers Meet with Latin American Red Meat Buyers
Red meat buyers from Central and South America and the Caribbean recently met with U.S. suppliers in Cartagena, Colombia, during the 11th edition of the U.S. Meat Export Federation (USMEF) Latin American Product Showcase. With 70 U.S. exporting companies exhibiting at the showcase, 220 importers had the opportunity to meet U.S. suppliers and arrange purchases of a wide range of U.S. red …
Various Factors Affecting the Grain Trade
There are various factors affecting the grain trade at this time. Mark Oppold looks at those and also has an update on the oil and gas markets.
Keeping an Eye on the Cotton Trade
The cotton trade is something many are keeping an eye on right now. Mark Oppold reports weather conditions over the next few days may have a factor in this year’s crop.
United States Again a Top Beef Supplier to Japan
The United States is again a top supplier of beef to Japan, according to USDA’s Economic Research Service. U.S. market share collapsed in 2004 after a single case of bovine spongiform encephalopathy, commonly referred to as “mad cow disease,” was detected in a cow shipped from Canada to the United States. In response, Japan placed an embargo on all U.S. …
NPPC Submits Testimony on Importance of U.S. Pork Trade
The National Pork Producers Council (NPPC) recently submitted testimony for the congressional record on the importance of trade to the U.S. pork industry. It all took place at a field hearing in MN, to discuss “Trade in America: Agriculture and Critical Supply Chains.” In their testimony, NPPC said “Free and fair trade has helped the United States become an economic powerhouse. To maintain that …
Sugar Policy and International Trade Topics of Discussion
The House Ways and Means Committee this week held a field hearing on trade with a focus on agriculture and critical supply chains. The hearing took place in Kimball, Minnesota on the farm of NCBA president Don Schiefelbein of Schiefelbein Farms. U.S. sugar policy and international sugar trade were among the topics of discussion, with Congressman Dan Kildee of Michigan …
Sellers in Control of the Grain Markets
We told you yesterday that volatility would continue in the gran trade. And according to a story from Mark Oppold, sellers are now in control of the markets.
Smaller Soybean Crop Has Traders Re-aligning Strategies
Due to USDA’s plantings report showing a smaller soybean crop this year, traders are now re-aligning their strategies. Mark Oppold has more information.
Questioning the Grain Trade Pullback
There are many questioning the recent pullback in the grain trade. Mark Oppold reports it is hard to understand the bullishness being found right now.