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Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
Exports of U.S. beef and pork both experienced a strong finish to the calendar year in December, besting 2019 figures and offering insights into consumer trends around the world and what is yet to come in the new year.
The U.S. exported $26.4 billion worth of agricultural goods to China in calendar year 2020, setting a new record, according to the latest USDA trade numbers that came out Friday.
The Renewable Fuels Association announced Friday that China imported about 13 million gallons of U.S. ethanol in December, raising hopes that imports from the Asian powerhouse will continue in 2021.
USDA’s top climate adviser is trying to dispel concerns that the administration’s carbon spending will crowd out private investors. That’s a concern shared by some entities that are building private carbon credit markets.
It's official. Michigan Sen. Debbie Stabenow is back as chairwoman of the Senate Agriculture Committee after the Senate finally approved an organization resolution Thursday afternoon. Stabenow last chaired the committee from 2011 to 2015.
China is emptying out U.S. corn and soybean supplies, helping make the 2020-21 marketing year a success for American farmers. That’s ramping up the pressure on the Biden administration to work out a sustainable trading connection between the countries even as the political relationship remains fraught.
China made another massive purchase of U.S. corn Friday, pushing the total commitments by Chinese importers this week to about 5.5 million metric tons and sparking new optimism that U.S. exports could break a record for the 2020-21 marketing year.
The Biden administration’s climate policy is still a work in progress, especially when it comes to agriculture. But we have a better idea of where the Senate could be headed, and the implications could extend into the next farm bill.
Chinese buyers made another large purchase commitment for U.S. corn this week, snapping up 1.7 million metric tons for delivery in the 2020-21 marketing year, according to a daily export sale report released Thursday by the USDA.
The USDA Tuesday reported a daily export sale of 1.36 million metric tons of U.S. corn for delivery to China in the 2020-21 marketing year, a strong sign that the country’s demand remains robust as it rebuilds its swine herd.
