U.S. Secretary of Agriculture Sonny Perdue issued the following statement in response to the announcement by Vietnam’s Ministry of Agriculture and Rural Development (MARD) that Vietnam will ban the importation of glyphosate: “We are disappointed in Vietnam’s decision to ban glyphosate, a move that will have devastating impacts on global agricultural production. As I’ve often said, if we’re going to …
China Could Triple U.S. Agricultural Purchases
Agriculture Secretary Sonny Perdue this week again said China could triple its purchases of U.S. agricultural products. The U.S. and China are still hashing out the details of a trade agreement, now thought to conclude in June. Perdue told Bloomberg Television this week “we could easily see, if we are able to come to a trade resolution, a doubling or …
China to Purchase More U.S. Soybeans
On Friday, the U.S. Department of Agriculture (USDA) announced during White House meetings, the Chinese government committed to buy an additional 10 million metric tons of U.S. soybeans. In a tweet, Agriculture Secretary Sonny Perdue wrote: “Hats off to the President (@POTUS) for bringing China to the table. Strategy is working. Show of good faith by the Chinese. Also indications …
USDA Expects Exports to Fall In 2019
The Department of Agriculture is projecting a $1.9 billion drop in exports this year, led by a decline in trade with China. While talks remain ongoing between China and the United States, USDA during its 95th annual Agricultural Outlook Forum Thursday predicted 2019 fiscal year exports at $141.5 billion. USDA Chief Economist Robert Johansson told attendees China is expected to …
Florida Set to Receive Funds as USDA Awards $200 Million to Agriculture Organizations
The U.S. Department of Agriculture (USDA) announced a $200 million award to 57 organizations through the Agricultural Trade Promotion Program to help the nation’s agriculture community identify and access new export markets. The Florida Department of Citrus was one of the specified organizations and is set to receive $550,000 in funding to promote citrus in various new markets. Commissioner Nicole “Nikki” Fried shared, “We’re thrilled the USDA has provided this opportunity …
Groups Urge Administration To Lift Metals Tariffs
A diverse, ad hoc coalition of more than 45 groups representing many sectors of the U.S. economy joined the National Pork Producers Council in calling for an end to U.S. tariffs on Canadian and Mexican aluminum and steel imports so that America can take advantage of the U.S.-Mexico-Canada Agreement (USMCA). The Trump administration on June 1, 2018, imposed a 25 …
Foreign Ag Service Worked to Expand Trade in 2018
The USDA worked diligently in 2018 to expand trade opportunities around the world for U.S. ag producers. Those efforts paid off as global sales remained strong in spite of challenges in the trade arena through the year. Ted McKinney, Undersecretary for Trade and Foreign Agricultural Affairs, says it’s been a “rollercoaster ride this year,” but U.S. farm exports remain strong, …
Export Programs Funded
With the 2018 Farm Bill ready to take effect, Tyron Spearman reports export programs important to agriculture were funded once again. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA Cuts Forecast for U.S. Ag Exports
In the last three months, prospects for U.S. agricultural product exports have declined considerably. And according to a story from Gary Crawford, that is reflected in the new USDA export forecast for Fiscal Year 2019. USDA Cuts Forecast for U.S. Ag Exports-1 Rob Johansson, USDA Chief Economist, has some of the key numbers in the USDA’s new forecast for fiscal …
Announced China Ag Purchases Lack Details
Agriculture eagerly awaits any details regarding increased purchases of U.S. ag products by China. President Trump over the weekend said following a discussion with China that the nation “will be buying massive amounts of product from us,” promising an “incredibly positive impact on farming.” Politico reports, however, there is no guarantee China will hold its end of the bargain, as …