Latest News From Dairy Trade

USMCA Up for Debate in Mexico This Week
USMCA Up for Debate in Mexico This Week

Representatives from the U.S., Mexico and Canada will meet in Cancun, Mexico this week to discuss a series of disputes, including Mexican energy and biotech policies and Canadian dairy barriers.

From the unpredictability with trade to easing of regulations, the past four years have been a whirlwind with farmers, ranchers and policy experts looking back at Trump Administration's impact on agriculture the past four years.
Trump Administration Leaves a Lasting Impact on Agriculture

From the unpredictability with trade to easing of regulations, the past four years have been a whirlwind with farmers, ranchers and policy experts looking back at the Trump Administration's impact on agriculture.

Biden Says He Will Not Immediately Remove Phase 1 Trade Deal With China
Biden Says He Will Not Immediately Remove Phase 1 Trade Deal With China

U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump inked with China, the New York Times reported on Wednesday.

Farm Journal Pulse
Trump Farmer Base Strong Heading into Election Home Stretch

While national polls show President Donald Trump trailing former Vice President Joe Biden in the race for the White House, the latest Farm Journal Pulse shows continuing strong support for the president in farm country.

Time to Put the Plans on the Shelf, Peterson Says
Time to Put the Plans on the Shelf, Peterson Says

COVID-19 has exposed a lot of issues in our food supply chain, said House Agriculture Committee Chairman Collin Peterson (D-MN). One of the things that he's focusing on is preparedness in the future event of a crisis.

“I think Peter [Navarro] was misunderstood,” Lighthizer told Flory. “Trust me that the trade deal is on. It's the biggest trade deal anybody's ever done, and it is completely on.”
Lighthizer: Trade Deal is Intact, Chinese Purchase Commitment to Stand

As large Chinese purchases of soybeans continue to roll in while rumors of a broken relationship abound, U.S. Trade Representative Robert Lighthizer assured farmers on Wednesday that the deal is still intact.

On Wednesday President Donald Trump and Vice Premier Liu He signed the Phase One portion of the trade deal between the U.S. and China.
Agriculture Applauds Phase One China Deal, Awaits Tariff Removal

On Wednesday President Donald Trump and Vice Premier Liu He signed the Phase One portion of the trade deal between the U.S. and China.

Senate Passage of USMCA Likely Delayed Beyond This Week
Senate Passage of USMCA Likely Delayed Beyond This Week

A full Senate vote on President Donald Trump’s rewritten NAFTA trade agreement will be put off until next week at the earliest, after the deal was referred to multiple committees for review.

U.S. negotiators have reached the terms of a phase-one trade deal with China that now awaits President Donald Trump’s approval
U.S. Reaches Deal in Principle With China, Awaits Trump Sign-Off

U.S. negotiators have reached the terms of a phase-one trade deal with China that now awaits President Donald Trump’s approval.

The revised language agreed upon by the House Decorats will need to be voted on by the Mexican and Canadian governments.
Ag Industry, Rural Lawmakers Praise Democratic USMCA Movement

On Tuesday, House Speaker Nancy Pelosi announced her plan to vote next week on the USMCA. That announcement was met with praise and optimism by ag industry groups and rural lawmakers alike.

The letter was sent by former Secretaries John Block (Reagan), Mike Espy (Clinton), Dan Glickman (Clinton), Ann Veneman (W. Bush), Mike Johanns (W. Bush), Ed Shafer (W. Bush), and Tom Vilsack (Obama).
Agriculture Secretaries Urge Congress To Ratify USMCA

All former U.S. Secretaries of Agriculture since President Reagan’s Administration announced on Thursday their support for the United States-Mexico-Canada Agreement (USMCA).

Up to $7.25 billion is available this fall from the $14.5 billion earmarked for aid. 
USDA Has Paid Farmers $2.46 Billion In MFP Payments to Date

USDA began issuing the second round of Market Facilitation Program (MFP) payments on Aug. 21.

35% Of Farmers Say The MFP Won’t Offset Their Losses Enough
35% Of Farmers Say The MFP Won’t Offset Their Losses Enough

The first tranche is slated for August.

“Before you make that final decision, make sure you discuss that with someone you have a lot of faith in from a character perspective,” he says. “Get someone else’s opinion.”
Should You Take An MFP Payment?

For several weeks, farmers have been debating amongst each other the virtue of taking a Market Facilitation Program payment.

The new tariff will be imposed beginning Sept. 1, he said in a tweet. Another $250 billion in Chinese goods are already subject to a 25% U.S. tariff.
Trump Ratchets Up Trade War With New Tariffs on Chinese Imports

Trump abruptly escalated his trade war with China

Farm Journal Washington Correspondent Jim Wiesemeyer said China is planning to bring 100 people for trade talks in D.C. next week, a sign the countries could be very close to reaching a final agreement.
Wiesemeyer: Presidents Trump, Xi Need a Trade Deal Win

Trade talks with China are set to kick back up next week in Washington, D.C. and Farm Journal Washington Correspondent Jim Wiesemeyer thinks there's a 98% the U.S. will see a trade deal soon.

Lighthizer to Oversee U.S.-China Trade Talks, Navarro Says
Lighthizer to Oversee U.S.-China Trade Talks, Navarro Says

U.S. Trade Representative Robert Lighthizer will be in charge of 90 days of fast negotiations with Chinese officials on settling trade disputes, White House economic adviser Peter Navarro said.

“If the tariffs do come off and the tariff impact lessens it will have some impact over the mitigation efforts because mitigation efforts were based on the fact that they would be tariff damage related,” he said.
USMCA Could Reduce Tariff Aid Payments

The new North American Free Trade Agreement, now called the U.S.-Mexico-Canada Agreement (USMCA) could reduce tariff aid payments.

Andy Shissler of S&W Trading said juggling all these trade deals at once can be viewed as a game of dominos. China will be the last domino to fall, but it will take time.
Analyst: Trade War with China is Justified

As trade trumps most market news today, Andy Shissler of S&W Trading said juggling all these trade deals at once can be viewed as a game of dominos. China will be the last domino to fall, but it will take time.

<p>U.S. President Donald Trump (R) and Japan's Prime Minister Shinzo Abe shake hands as they hold a joint press conference at Trump's Mar-a-Lago estate in Palm Beach, Florida, U.S., April 18, 2018.&nbsp;</p>
U.S. Pursuing Free Trade Agreement with Japan Could Boost Ag Exports

Japan might increase the amount of agriculture trade conducted with the U.S. through potential trade deal that was announced by President Trump following a meeting with Japanese Prime Minister Shinzo Abe.

<p>Revised free-trade agreement strengthens ties with the $1.7 billion red meat export customer. &nbsp;</p>
Revised Trade Deal with South Korea Seen as Beneficial for Agriculture

While the revised KORUS trade deal didn't include specific agriculture trade improvements it does paint a promising picture of things to come say farm industry officials.

Meat, Dairy Supplies Grow as Trade & Tariff Doubts Hurt On-farm Prices
Meat, Dairy Supplies Grow as Trade & Tariff Doubts Hurt On-farm Prices

Large supplies of meat and dairy, possibly record-setting tons, are coming to U.S. consumers.

Opperman
Will Ag Survive the Art of the Trade Deal?

President Trump's hard-knocks negotiating turns trade diplomacy upside down. 

The US Department of Agriculture projects exports of US agricultural goods in FY 2018 will reach $139.5 Billion; Imports at $118.5 Billion
Dan Murphy: Avoiding the Obvious

Whether you agree or disagree with the administration’s tariff wars with U.S. export partners, ag trade groups should follow best practices in convincing allies of their position. Here’s how not to do it.

Lawmakers are losing patience with the Trump administration's reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S. jobs.
Lawmakers Threaten Action on Trade Tariffs

Lawmakers, including some Republicans, are losing patience with the Trump administration's reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S. jobs.

Canada to U.S.: Explain That $30 Billion Farm Spending War Chest
Canada to U.S.: Explain That $30 Billion Farm Spending War Chest

Canada wants the United States to explain why its lawmakers have made an additional $30 billion available to support U.S. farmers hit by trade woes, and how Washington might distribute the money.

<p>Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, 2018.&nbsp;</p>
U.S. Commodity Exports to China to Rise Amid Trade Talks

China has pledged to buy more U.S. goods to reduce America’s huge trade deficit and help avoid exacerbating a trade war between the world’s two biggest economies.

NAFTA Deadline Draws Near
NAFTA Deadline Draws Near

Paul Ryan says he needs notice of a NAFTA deal by May 17 if the current Congress is going to be able to vote on it, suggesting talks are pushing up against the constraints of American trade law.

Canadian Foreign Affairs Minister Chrystia Freeland talks to U.S. Trade Rep Robert Lighthizer and Mexican Secretary of Economy Ildefonso Guajardo Villarreal (L) after a NAFTA trilateral ministerial press event in Washington, U.S. on October 17, 2017.
NAFTA Talks Enter Critical Week with U.S. Pushing Hard Line

Talks to update the NAFTA trade deal enter a make-or-break week, as senior Canadian, U.S. and Mexican officials seek to resolve an impasse in key areas before elections.

Trucks wait in the queue for border customs control to cross into U.S. at the Bridge of Americas in Ciudad Juarez, Mexico, August 15, 2017.
Mexico Says NAFTA Deal 'Reasonably Close' Talks 'Not Easy'

A deal on a new NAFTA is close at hand but talks to arrive at a finishing point are not easy, top Mexican officials said on Thursday as ministers met in Washington for a third successive day.

President Trump indicates movement on NAFTA renegotiation.
Trump Says NAFTA Talks Doing Nicely as Mexico Sees Deal Soon

President Donald Trump said talks on a revised NAFTA are “doing very nicely” as ministers from the U.S., Mexico and Canada meet in Washington to try to push for an agreement by early May.

U.S. President Donald Trump (R) and Japan's Prime Minister Shinzo Abe shake hands as they hold a joint press conference at Trump's Mar-a-Lago estate in Palm Beach, Florida, U.S., April 18, 2018.
Trump, Japan's Abe Agree to Intensify Trade Talks

U.S. President Trump and Japanese Prime Minister Shinzo Abe said they have agreed to intensify trade consultations between the two longtime allies, with an aim to expand investment and trade between their countries.

<p>U.S. President Donald Trump makes a statement about Syria at the White House in Washington, U.S., April 13, 2018.&nbsp;</p>
Trump Says US Could Rejoin TPP if Deal Improved. How Hard Would it Be?

U.S. President Trump said last week he would reconsider joining the landmark Trans-Pacific Partnership (TPP) trade agreement, if it were a “substantially better” deal than the one offered to President Obama.

U.S. President Donald Trump speaks during a meeting with governors and members of Congress at the White House in Washington, U.S., April 12, 2018.
Trump Says No Timeline for NAFTA Talks, Getting Close to Deal

U.S. President Donald Trump said on Thursday he was in no rush for negotiators to finish NAFTA talks but he thinks they are getting pretty close to a deal.

U.S. Agriculture Secretary Sonny Perdue testifies before a Senate Appropriations Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Subcommittee hearing on the FY2019 budget request for the Agriculture Department, on Capitol Hill in Washington, U.S., April 11, 2018.
Perdue: Negotiations Still Best Tool in U.S.-China Trade Row

U.S. Agriculture Secretary Sonny Perdue on Wednesday said negotiations were the preferred method for easing trade tensions between China and the United States.

Senator Jerry Moran (R-Kan.) said he assumes the Trump Administration would try to use U.S. farm bill legislation to shield the sector in a growing U.S.-China trade dispute.
Senator: Farm Bill Could be Used to Shield Farmers From Trade Spat

Senator Jerry Moran (R-Kan.) said he assumes the Trump Administration would try to use U.S. farm bill legislation to shield the sector in a growing U.S.-China trade dispute.

Ag Remains Unchanged In KORUS Renegotiation

Ag Remains Unchanged In KORUS Renegotiation


The White House is calling the KORUS renegotiation a win.

 

U.S. Secretary of Agriculture Sonny Perdue speaks at an event to celebrate the re-introduction of American beef imports to China, in Beijing, China June 30, 2017.
U.S. Agriculture Secretary Says Exports at Risk in Tariff Disputes

U.S. agricultural exports could be at risk in any retaliation over tariffs implemented by the White House, U.S. Secretary of Agriculture Sonny Perdue said on Monday.

Gregg Doud has won Senate approval almost nine months after being nominated by President Trump to serve as the Chief Agricultural Negotiator.
Doud Approved by Senate as Ag Trade Negotiator

Gregg Doud has won Senate approval almost nine months after being nominated by President Trump to serve as the Chief Agricultural Negotiator.

Farmer Blake Erwin drives a combine as he harvests corn on his farm near Dixon, Nebraska, U.S., October 26, 2017. Picture taken October 26, 2017.
U.S. Farmers Have Much to Lose if NAFTA Deal Collapses

A collapse of the North American Free Trade Agreement (NAFTA), which U.S. President Donald Trump has threatened to scrap, could create the most profound disruption for U.S. farmers.

Further negotiations are expected on NAFTA; negotiators are more optimistic than before.
U.S. Lawmakers at NAFTA Talks Express Optimism

U.S. lawmakers attending NAFTA talks in Montreal expressed optimism on Sunday that efforts to update the trade pact would avoid collapse and start gaining momentum.

While China abandoned minimum prices for corn last year, it confirmed this week it will maintain support for wheat and rice this year.
China's Latest Farm Policy Shifts Focus from Output to Demand

China is embarking on a major shift in its agriculture policy, abandoning its long-held obsession with self-sufficiency in favor of better meeting consumer demand, a key rural policy document shows.