It’s possible that Chinese soybean buyers could still be getting American soybeans by purchasing their beans from Argentina. Export reports show that Argentina is buying soybeans from the U.S. and exporting its own production to China. However, a grain market expert says that’s not likely because a drought left Argentina grain stocks in short supply. “The issue is that Argentina …
NCBA Update on Trade Issues
A trade deal has been reached between the United States, Canada and Mexico. The new pact is being called the U.S.-Mexico-Canada Agreement, basically replacing the North American Free Trade Agreement. Last week, another trade deal made the news, as the United States signed a new deal with South Korea. Kent Bacus, National Cattlemen’s Beef Association (NCBA) director of international trade, says …
Trade Deal Reached Between United States, Canada and Mexico
Canada has agreed to join the trade accord between the United States and Mexico, effectively replacing the North American Free Trade Agreement (NAFTA). The announcement comes after Mexico and the United States reached a deal in late August. The new United States-Mexico-Canada Agreement (USMCA) will allow better access to Canada for American dairy products and also provides for more imports of …
U.S. Will Publish NAFTA Text Friday
Bloomberg says the Trump Administration will release the text of a bilateral trade agreement with Mexico on Friday. While the text will likely exclude Canada, it will leave open the possibility of Canada joining the agreement later. U.S. trade law says the text of the deal has to be published 60 days before it can be signed. U.S. Trade Representative …
Legislators Call for NAFTA Negotiation Slowdown
Three state representatives are asking U.S. Trade Representative Robert Lighthizer to slow down the pace of the North American Free Trade Agreement (NAFTA) negotiations. They feel that gives the U.S. the best opportunity to come to a fair agreement on dairy exports. Representatives from Wisconsin, Washington, and New York all represent states that need open-market access to Canada in order …
Deadline Weekend Likely to Pass with Little Farm Bill, NAFTA Progress
The farm bill and the North American Free Trade Agreement (NAFTA) seem certain not to meet the weekend deadline, leaving more uncertain times for agriculture. Negotiators were trying to reach an agreement on the farm bill this week, but the clock is all but out of time as the current bill expires Sunday. Monday means critical trade programs will not …
Farm Bureau says U.S.-Japan Trade Statement Bodes Well for Future
The following statement can be attributed to American Farm Bureau Federation President Zippy Duvall: “The joint statement between President Trump and Japanese Prime Minister Shinzo Abe regarding the pursuit of trade opportunities that benefit both nations is great news for America’s farmers and ranchers. This affirmation by both nations to enter negotiations bodes well for the future and indicates the …
Senators Take Aim at Unfair Trade Practices Hurting Florida Fruit and Vegetable Growers
U.S. Senators Bill Nelson (D-Fla.) and Marco Rubio (R-Fla.) introduced legislation to help Florida fruit and vegetable growers combat unfair trade practices. The bill comes amid long-standing and increasing complaints from Florida farmers that Mexican growers illegally flood the U.S. market with subsidized produce during the winter season. Florida is one of the few places in the country that can …
U.S. Says Canada Not Making Needed NAFTA Concessions
U.S. Trade Representative Robert Lighthizer charges Canada is not making needed concessions to strike a deal on the North American Free Trade Agreement (NAFTA). As the U.S. ideal deadline will pass this weekend, the U.S. is gearing up to move forward with a Mexico-only agreement. Lighthizer said there was “some distance” between the two sides on issues such as access …
EU Chef Team Learns about U.S. Beef
A team of chefs from Poland, Finland, Germany, Romania, Italy, France, Holland, the Czech Republic and Bulgaria recently spent a week in Colorado learning about U.S. beef as part of a U.S. Meat Export Federation (USMEF) program designed to make them advocates for U.S. beef back in their home countries. Ralph Loos has the story. EU Chef Team Learns about …