…already in transit to China, along with some wineries losing orders the day that the tariffs were announced. “These tariffs have real impacts, they’re having impacts now, but we remain…
Purdue/CME Group Ag Economy Barometer Slips in April Report
…Soybean prices are particularly vulnerable to disruptions in trade with China, as China’s share of U.S. soybean exports is approximately 30 percent. The monthly index surveys 400 producers from across…
Nothing New on NAFTA as Trump Extends Tariff Exemptions
…to China, according to the Hagstrom report. The comments came as President Donald Trump had extended tariff exemption for another 30 days to Canada and Mexico as a permanent exemption…
USDA Celebrates World Trade Month
…China, and the renegotiation of the North American Free Trade Agreement. Agricultural trade is critical for the U.S. farm sector and the American economy. In 2017, U.S. exports of food…
NAFTA Negotiations Continue Next Week
…will continue after a U.S. trade delegation returns from China. U.S. officials and negotiators from Canada and Mexico have been eying an early May finish line, and in mid-April, Vice…
Secondary Impacts of Chinese Tariffs on Apples
…Ott. California does not directly ship apples into China, but the higher tariff could cause a decline in export rates for other apple-producing states. “Once the tariff is in full…
Farm State Senators Worry About Trade During Hearing
…Committee Chair Pat Roberts of Kansas says producers are being used as pawns in Trump’s crackdown on what he argues are unfair trade practices by China and other countries. After…
USDA Under Secretary Ted McKinney meets with California Agricultural Trade Groups
…export destinations for the state include: European Union ($3.4 billion); Canada ($3.3 billion); China ($2 billion); Japan ($1.4 billion) and Mexico ($1 billion). The meeting underscored California’s commitment to international…
Sorghum Prices Falls Three Times Lower After China Tariff Announcement
…sorghum, he says, “Nobody is looking for it in the Gulf.” China had been the biggest buyer of U.S. sorghum. Chinese officials announced there would be an investigation into American…
Farmers for Free Trade Report Highlights Damage from Chinese Retaliation
…two say in a release. “They also incentivize trading partners like China to look elsewhere for their imports.” Lugar and Baucus point out that means trading relationships that took decades…
Rabobank: Challenges Ahead for U.S. Global Pork Trade
A Rabobank analysis says the proposed Chinese tariff on U.S pork imports could cost American producers $6 to $8 per head. The Rabobank Pork Quarterly Q2 report says the China-U.S….
Treasury Secretary Optimistic on Settling Trade Dispute
…Japan, China, and Europe to discuss a series of punitive tariffs the Trump Administration unveiled recently against China and other trading partners. Mnuchin wouldn’t tell reporters how close the U.S….
Rural Mainstreet Index Hurt by Trade Concerns
…economy. “An unresolved North American Free Trade Agreement and rising trade tensions with China are significant concerns,” says Ernie Goss, Creighton University economist and author of the Rural Mainstreet Index….
Trump: Not Interested in Re-joining TPP
…who attended the meeting and confirmed the comments, added that rejoining TPP is the “best thing” the U.S. can do to “push back” against China. As for trade with Japan,…