What are the latest numbers regarding U.S. agricultural exports, imports, and trade balance after the first five months of 2024-25? Rod Bain tells us. Ag Trade Update for First Five…
AgNet News Hour Wednesday, 04-09-25
…negotiating to increase US imports, including ethanol and soybeans. The US collected $77 billion in tariffs in 2023, a mere 1.5% of federal revenue, compared to $2.6 trillion from individual…
China Announces 34% Retaliatory Tariff on U.S. Goods
China’s Finance Ministry has announced a new 34% tariff on all U.S. imports, effective April 10. The move is a direct response to tariffs imposed by U.S. President Donald Trump,…
Farm Closures Feared as Ag Industry Responds to New Tariffs
…imports for crucial supplies like fertilizer and specialized tools. Tariffs will drive up the cost of critical supplies, and retaliatory tariffs will make American-grown products more expensive globally. The combination…
US Organic Market Experiencing Significant Growth
…imports in 2024. However, despite this demand, domestic organic acreage has declined over the past two decades, with a 10.9% decrease from 2019 to 2021. California, a major producer, saw…
Farmers Raise Concerns Over Proposed USTR Shipping Fees
…these fees will drive up costs for agricultural imports like seed and fertilizer while also making it more expensive to export crops. The American Soybean Association estimates that a $1…
North American Citrus is in Peak Season
North American citrus is in peak season, with imports from Mexico and Colombia. Orange prices are below average due to high availability, and the end of the domestic season will…
EU Postpones Retaliatory Tariffs Amid Ongoing Negotiations
…these tariffs were a response to the U.S.’s 25% duties on steel and aluminum imports. An EU spokesperson emphasized that this postponement allows for continued discussions without diminishing the EU’s…
AgNet News Hour Friday, 03-21-25
…Citrus imports from Mexico and Morocco are significant. Lorrie Boyer and Nick Pagani discuss McDonald’s $671,000 investment in the Foundation for Food and Agriculture Research (FFAR) for “SMART broiler” technology….
Proposed Fees on Chinese-Linked Ships Could Increase Costs for U.S. Farmers
…difference. Beyond exports, the proposed fees could also affect essential imports, including fertilizer, machinery, and supplies for specialty crops, if shipping companies pass the costs to consumers. “Farmers support fair…
US Tariffs Facing International Backlash
DepositPhotos image Canada and the European Union are implementing a ‘dollar-for-dollar’ approach, placing 25 per cent tariffs on US imports. These counter-measures immediately followed tariffs leveled against all foreign steel…
U.S. Trade Deficit Discussed at AFBF FUSION Conference
…deficit of $49 billion, a figure that has been growing annually and is expected to rise by nearly 40% next year. The U.S. exports bulk commodities, while imports include high-value…
AgNet News Hour Tuesday, 03-18-25
…They highlight the impact of tariffs on European wine, noting a proposed 200% tariff and the challenge of bulk wine imports on domestic wineries. They also discuss the potential benefits…
U. S. Facing Billions in Agriculture Trade Deficit
The U. S. faces a projected $49 billion trade deficit in agriculture, with increased imports of avocados, coffee, and orange juice contributing. Meanwhile, American staple crops are losing global market…