The United States and Japan have agreed in principle to a trade deal. In a report from Gary Crawford, President Donald Trump talks about the new agreement. Secretary Perdue on Japan Agreement WU.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the new trade agreement between the United States and Japan: “Japan is a significant market for United …
Another China Tariff Announcement Signals More Trouble
(AFBF) — The following may be attributed to American Farm Bureau Federation President Zippy Duvall: “China’s announcement of imposing additional tariffs on $75 billion of U.S. imports signals more trouble for American agriculture. Farm Bureau is currently assessing the details of this announcement, but we know continued retaliation only adds to the difficulties farm and ranch families are facing and …
American Soybean Association on Chinese Tariff Escalation
Washington, D.C. (ASA) — China has announced it will impose an extra 5% tariff on U.S. soybeans starting Sept. 1 and an additional 10% duties on other major U.S. crops also grown by many soybean farmers starting mid-December. These latest details come after China vowed earlier this week that it will retaliate if the U.S. goes through with its plan …
Market Facilitation Program Signup Underway
Sign up for the Market Facilitation Program (MFP) has been underway for a little over three weeks now, and producers who have yet to do so are reminded to stop by your local Farm Service Agency (FSA) office to take part in the trade aid program. MFP is the largest part of the $16 billion package to help American ag …
Trump Asking Japan to Purchase U.S. Ag Products
(NAFB) — President Trump is asking Japan to purchase U.S. farm products as the two nations seek a small trade deal including agriculture. Trump asked Japanese Prime Minister Shinzo Abe to buy a “huge amount” of U.S. wheat and soybeans as the negotiations continue, according to Reuters. Japan and the United States are targeting an agreement by September on trade …
Hopeful for Constructive Trade Talks with China
An American Farm Bureau Federation (AFBF) official says President Trump’s decision to delay much of his latest tariff threat against China is a hopeful sign constructive trade talks can re-start. AFBF trade adviser Dave Salmonsen hopes the delay to December 15 in Trump’s 10-percent duty on some Chinese electronics, footwear and clothing, will do more than just avert higher holiday …
Trump Delays Tariff Hike Until December
(NAFB) —The Trump administration will delay part of a planned tariff increase on China until December. The U.S. Trade Representative’s office made the announcement Tuesday the administration would not implement the planned tariffs. Instead, the tariffs will be implemented December 15, 2019. USTR Robert Lighthizer says certain products are even being removed from the tariff list based on health, safety, …
Peanut Industry Learns About Trade
During this week’s 2019 Pre-Harvest Meeting hosted by the American Peanut Shellers Association and the National Peanut Buying Points Association, Under Secretary for Marketing and Regulatory Programs at USDA, Greg Ibach, told attendees he supports the new re-alignment in USDA as AMS seeks to maintain foreign markets. And according to a story from Tyron Spearman, Ibach also said the new …
Peterson: Farmers Don’t Want to Get Their Revenue from the Government
(NAFB) — Its clear farmers are frustrated with the many forces beyond their control, following a listening session in Minnesota. Agriculture Secretary Sonny Perdue didn’t receive a warm welcome during Minnesota’s Farmfest this week. Hosted by House Ag Committee Chair and Minnesota Democrat Collin Peterson, Perdue got an earful from farmers questioning farm bill programs and trade. Peterson says one …
China’s Buying Halt of U.S. Ag May Not Be Total
Many in agriculture are concerned after it was announced this week that China was stepping away from purchasing U.S. farm imports after President Trump increased tensions by his proposal to add 10% tariffs on another $300 billion in Chinese imports starting September 1. And while some say this stoppage may not be total, it’s still not good news for many farmers …