…backers of the agreement say it may be the most important trade agreement reached in more than two decades, modernizing agreements to reflect the rise of digital trade, services and…
USDA Planning Trade Aid Round Two Distribution
The Department of Agriculture (USDA) is readying round-two of trade mitigation payments for farmers. The payments are the second half of the $12 billion program by the Trump administration to…
U.S. Planning Another Round of China Tariffs
…from China not previously targeted by U.S. tariffs. The U.S. has already imposed tariffs on $250 billion in trade with China. And, ten percent tariffs on $200 billion in imports…
Canada Announces New Dairy Working Groups
…groups will focus on helping dairy farmers adjust to the U.S.-Mexico-Canada Agreement that will replace the North American Free Trade Agreement, and discuss support for other trade deals. A separate…
China Trade War Not Ending Soon
…in Argentina, but those talks are not likely to propel any major shift toward reaching an agreement on the future of trade between the two nations. The trade war started…
Canada Willing to Stall Trade Deal with China until China is More Reasonable
Canada is willing to stall a potential trade deal with China until China starts behaving better, according to CBC News. Canada’s ambassador to China says a trade pact doesn’t seem…
ASF Could Drastically Change China’s Pork Market
…in domestic pork production could allow other markets, including the United States, to become bigger suppliers of pork to China, pending the outcome of trade disputes. Source: National Association of…
Perdue Talks Possible Trade Aid Adjustments
USDA is considering the possibility of adjusting direct payments to producers who’ve been hurt by the trade war. The adjustments may include factoring in hurricane damage after southeast U.S. producers…
No USDA Trade Aid Planned For 2019
…even if the trade war with China keeps going. Ag Secretary Sonny Perdue made that announcement last week. Back in July, the administration announced it would deliver $12 billion in…
Industry Seeks Additional Tariff Relief as USDA Reports Increased Milk Production
…calculation of trade mitigation payments. “We appreciated your efforts to quickly reopen the 2018 signup for the Margin Protection Program for Dairy, and we are ever-grateful for your advocacy on…
Grassley: No Trade Aid for Smithfield Foods
When it comes to just who is eligible for trade aid, Iowa Senator Chuck Grassley said Smithfield Foods shouldn’t be one of the companies which are eligible help. Smithfield is…
USDA Announces Early Release of Select Commodity Tables
…in February 2019. The complete report will include a full discussion of the commodity supply and use projections, as well as projections for farm income and global commodity trade. The…
Federal Reserve: NAFTA 2.0 Won’t Help Dairy Industry
The North American Free Trade Agreement (NAFTA) replacement will not benefit dairy farmers, according to the Federal Reserve Bank. A report by the Federal Reserve says gains made by the…
Grain Industry Seeks to Modernize Global Ag Commodity Trade
…post-trade execution processes, as they represent a highly manual and costly part of the supply chain, with the industry spending significant amounts of money every year moving documents around the…