The Department of Agriculture (USDA) has increased corn demand in it’s latest forecast for the 2017-18 crop year. The monthly World Agriculture Supply and Demand report increased exports of corn…
South Korea Forming Response team to U.S. Trade Protectionism
…response team. South Korea has requested to be excluded from proposed higher import tariffs on steel exports under Section 232 of the Trade Expansion Act, emphasizing the negative effects the…
Coalition Formed to Fight Steel, Aluminum Tariffs
…U.S. sectors that use steel and aluminum. The coalition says the tariffs pose risks to U.S. consumers, exports and economic growth. From the National Association of Farm Broadcasting News Service….
Ag Producer Sentiment Improves; but Uncertainty about the Future of NAFTA Looms
…producers were asked about their future expectations for U.S. agricultural exports. Agricultural producers remain optimistic that U.S. ag exports will remain strong over the next five years with 87 percent…
New Study: RIN Price Cap for E15 RVP Waiver “Deal” Would Cut Ethanol Consumption and Trounce Corn Prices
…also decrease. The result would be lower compliance cost and a lower effective blending mandate;” “Unless increased ethanol exports compensate for the reduced mandate, corn prices would decrease under the…
Paraguay Market Now Open To U.S. Pork
…products. “The U.S. pork industry is very dependent on exports,” said Heimerl. “Last year, were exported nearly 27 percent of our total production, and those exports added more than $53…
European Union Will Hit Back Against U.S. Tariffs
…affect EU exports. President Jean-Claude Juncker says, “Instead of providing a solution, this move can only aggravate matters. The EU will react commensurately to defend our interests.” The EU Trade…
Senate Confirms Key USTR Nominees
…signed onto a letter with other commodity organizations and agri-business companies, urging prompt confirmation of these nominees. The letter noted that:1) U.S. food and agricultural exports have produced a trade…
Ag Groups Concerned About Trade Retaliation
…approach on trade, putting U.S. agricultural exports in the crosshairs,” Kuehl says. “We’ve already seen China discussing tariffs on sorghum, while the EU and China have both indicated they will…
USDA Projecting Strong Red Meat, Poultry Exports
…the largest beef importer over the second half of the upcoming decade. U.S. pork exports are projected to grow faster than beef exports and stay on par with poultry, although…
U.S. Ag Pays the Price for Trade Disputes
…also comes with harmful unintended consequences. “History shows these consequences are paid for by American farmers,” he says, “in the form of retaliatory tariffs on agriculture exports that farmers rely…
China Removes Duties On US Chicken
Market Remains Closed to US Poultry And Egg Exports China’s decision to drop anti-dumping and anti-subsidy duties as of Tuesday on U.S. broilers was welcomed by the U.S. industry, but…
Trump Says Re-entering TPP is “possible”
…TPP would substantially improve the competitiveness of U.S. business, support millions of U.S. jobs, increase exports, increase wages, and benefit consumers.” From the National Association of Farm Broadcasting News Service….
McKinney Leads Trade Mission to Central America
…March 2nd. McKinney will be accompanied by a delegation of agribusiness and state government leaders who are looking to increase agricultural exports to Central America’s Northern Triangle of Guatemala, Honduras,…