In an agreement signed last week, John Deere is expected to be the first direct sale of U.S. machinery to Cuba in more than half a century. An agreement signed at the Havana Fair last week between John Deere executives and Cuba calls for the shipment of “several hundred tractors and associated implements” over a four-year period. Farm Equipment Magazine …
Ag Exports Key to Trump NAFTA Deficit Strategy
Senate Agriculture Committee Chairman Pat Roberts says agricultural exports are key to achieving President Donald Trump’s plan for reducing the trade deficit with NAFTA members. The White House says more ag exports into Canada and Mexico through the North American Free Trade Agreement will help reduce the trade deficit, and Senator Roberts agrees. Roberts spoke with U.S. Trade Representative Robert …
Beef Exports Remain Strong, Pork Slightly Lower
A monthly measure of meat exports shows U.S. beef posted another outstanding performance in August, remaining well above last year’s pace, and August pork exports increased from the previous month but were down slightly year-over-year. The U.S. Meat Export Federation reports that August beef exports totaled 112,000 metric tons, up five percent from a year ago and the largest of …
Exports are Critically Important to the Pork Industry
Exports are critically important to the swine industry. With large hog supplies, National Pork Board CEO Bill Even believes the significance of foreign demand will only grow. U.S. pork is known for its quality. Even as part of a National Pork Board trade mission to Japan and China. These markets are very different. The Japanese market is a …
Brazil Almost Out of Soybeans for Exporting
As is usually the case, Brazil produced a large soybean crop this year. The country has been exporting a lot of soybeans but has reached the point at which they don’t have many soybeans left to ship. A new report says that Brazil hit a new soybean export record in September when they shipped 4.3 million tons. A spokeswoman from …
More U.S. Peanuts Could Go to China
When it comes to peanut exports, Tyron Spearman reports today that more of the U.S. crop could possibly be heading to China. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Ports Contract Eases Trade Concerns
A contract agreement between the International Longshore and Warehouse Union and the Pacific Maritime Association has eased trade concerns. The two ratified a three-year extension to the labor contract for workers at 29 ports on the West Coast. Politico reports that the announcement Friday comes as a sigh of relief for U.S. importers and exports. In 2014 and 2015, shippers …
June Results Confirm Strong First Half for U.S. Red Meat Exports
U.S. pork and beef exports continued to trend above year-ago levels in June, capping a very strong first half of the year. According to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF), exports also achieved higher values on a per-head-slaughtered basis and accounted for a steady-to-higher percentage of total production. June beef exports were the …
China Sets Ban on Australian Beef imports
China has imposed a temporary beef ban on the products from six Australian processors. A Meating Place Dot Com report says the concern is regarding label non-compliance. Australian government officials have confirmed the ban is in place, vowing to work closely with the country’s beef industry and Chinese officials to get the ban resolved. The dispute doesn’t involve food safety …
U.S., China Sign Agreement to Provide Market Access for U.S. Rice Exports
Agriculture Secretary Sonny Perdue Thursday announced the U.S. Department of Agriculture has reached a final agreement with Chinese officials to allow the United States to begin exporting rice to China for the first time. Secretary Perdue says the agreement has been in the works for more than a decade and says the agreement represents “an exceptional opportunity” with potential for …