Imports and Exports
It’s no surprise the 2012 drought left pork producers with short, and expensive, feed supplies. The pork sector will not see much relief until mid-2013.
USDA is predicting 2012 pork imports and exports will be close to this year’s level.
Export demand remains a bright spot for cattle and hog markets.
Pork imports expected to rise 8% in 2012 due to continued strong demand.
Agriculture Secretary Sonny Perdue wants China to be a customer of American farm products, even after Washington hiked tariffs on more than $200 billion in Chinese goods.
China announced that it will impose additional tariffs on some American goods in retaliation for the latest increase of U.S. duties on $200 billion of Chinese imports.
The White House is ramping up pressure to reach a trade deal with China in the next two weeks, warning that the U.S. is prepared to walk away from the negotiations.
China could increase U.S. pork imports to the highest ever this year as part of its commitment to bolster purchases of American farm goods to resolve the trade war between the two countries.
Two more vessels loaded with U.S. soybeans have departed for China, signaling that buyers may be getting more desperate for supplies amid the prolonged trade war between the nations.
The agriculture markets are getting a lift as U.S. trade relations improve with Mexico, one of the largest foreign buyers of American meat and grain.
Soybean prices in the U.S. and Brazil, the nations that account for roughly 80 percent of global exports, have taken drastically different paths thanks to Donald Trump’s trade war.
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.
Will Trump’s unpredictability on trade pay off for agriculture?
President Donald Trump remains in U.S. farmers’ good graces, according to the latest Farm Journal Pulse survey.
Canada’s retaliatory tariffs against the United States — worth $16.6 billion — will clearly come at a cost, not only to the American economy, but also the Canadian economy.
Soy agreement is latest China-U.S. agreement in 100-day round.
Agriculture industry hopes Trump administration doesn’t forget about exports when making America great.
Yum! Brands and McDonald’s look for buyers as Chinese tastes shift.
U.S. pork and beef exports in October edged higher than the previous month, but were still down from a year ago, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Food, agricultural and allied industry groups yesterday urged the parties involved in a labor dispute that’s affecting food exports that ship out of West Coast ports to resolve their differences as soon as possible.
Russia will ban billions of dollars worth of food imports from the U.S. and other nations in retaliation for sanctions over the turmoil in Ukraine.
China has been gobbling up the world’s soybeans at breakneck speed over the past decade. But as the trade spat with the U.S. escalates, its imports of the oilseed are set to decline for the first time in 15 years.
U.S. and Mexican officials are working together on pre-export inspection protocols before resuming live cattle imports into the U.S. The use of sterile flies is also a priority to help control the spread of NWS in Mexico.