U.S. farmers travelled to South Korea recently to ensure the importance and willingness to continue trade between the two nations. South Korea is a top destination for U.S. corn. The U.S. and South Korea are considering a renegotiation of KORUS, The U.S.-Korea Free Trade Agreement. U.S. Grains Council Chair Deb Keller says that as those talks continue, South Korea also …
USDA Emphasizing Trade Expansion
Ted McKinney, the new USDA Undersecretary for Trade and Foreign Agricultural Affairs, has been busy since being sworn in. He’s visited India, Brazil, Colombia, and Panama recently with the goal of increasing trade opportunities. Capital Press Dot Com says the U.S. Department of Agriculture (USDA) is putting a new emphasis on generating more trade opportunities overseas for American agriculture. Ag …
New Zealand Triples U.S. DDGS Purchases
Record milk production in New Zealand has led the nation to triple the amount of imported U.S. distiller’s dried grains with solubles. The U.S. Grains Council reports that the 2017 milk supply in New Zealand is expected to reach 21.9 million tons, surpassing the prior record of 2014, thanks to higher-expected cow numbers and optimal pasture conditions. With the further …
Vietnam Reopens Market to U.S. DDGS Exports
The U.S. Department of Agriculture (USDA) and the Office of the U.S. Trade Representative (USTR) announced that the government of Vietnam has notified the U.S. that it will resume imports of American distillers dried grains (DDGS). In December 2016, Vietnam suspended imports of U.S. DDGS after reported detections of quarantine pests in U.S. shipments. Prior to the suspension, Vietnam was …
USDA Makes First Ag Export Forecast for FY 2018
USDA’s first look at expected 2018 agricultural exports has those sales down slightly from this year. Gary Crawford reports. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Exports Slip on NAFTA Uncertainty
A panel of expert witnesses told the House Agriculture Committee this week that speed is a critical factor in renegotiating the North American Free Trade Agreement (NAFTA). The uncertainty over how negotiations may play out is causing some importers to look elsewhere for suppliers. Many of the importers that are looking elsewhere for chicken and grain products are located in …
Mexico is No Longer Top Buyer for U.S. Corn
U.S. corn shipments to Mexico have slipped in recent months and Mexico in no longer the number one buyer of American corn. A Bloomberg article says it may be a sign that trade tensions are forcing the country to look elsewhere for corn in case the U.S. is no longer a reliable supplier. Sales through May of this year were …
China Issues “Wish List” for U.S. Trade
China has issued a list of concessions that it says can help deliver a “win-win” trade relationship with America. The list is part of an 117-page document released Thursday by the Ministry of Commerce. China would like to improve infrastructure cooperation with the U.S. and accept greater imports of goods ranging from soybeans to aircraft. The report acknowledges the Trump …
The Potential Effects of Increased Demand for U.S. Agricultural Exports on Metro and Nonmetro Employment
by Steven Zahniser, Tom Hertz, Peter Dixon, and Maureen Rimmer, Economic Research Service What Is the Issue? ERS estimates that U.S. agricultural exports supported about 1.1 million full-time, civilian jobs in 2015. Yet, the economic linkages between U.S. agricultural exports and rural employment are not fully understood, particularly in the metro and nonmetro regions of each State and among production …