Articles Tagged with ''china''

China, despite economic woes and its battle with COVID-19, is buying more foreign dairy this year, but the increased imports are doing far less for U.S. producers than the industry had hoped for after the “phase one” trade pact went into effect in February.

As the spread of COVID-19 in April slowed meat processing facilities and important Latin American trading partners lost purchasing power, U.S. beef exports fell below last year's totals and pork exports grew at a slower rate than in the first quarter.

Agriculture Secretary Sonny Perdue will be in Florida today as he continues touring the country to promote the Farmers and Families Food Box program even as congressional Democrats raise questions about how USDA is managing it.

Top Democrat on the Senate Agriculture Committee, Michigan’s Debbie Stabenow, tells Agri-Pulse she’s monitoring the farm economy and USDA’s Coronavirus Food Assistance Program to see what additional help may be needed.

The fact that Chinese importers purchased between two and three cargoes of U.S. soybeans on Monday has helped quell concerns that the two countries might be rekindling their trade war, but the uncertainty of the situation continues to plague buyers and sellers.

Peanut butter makers are churning out as much product as they can and they can’t do it fast enough to meet the unprecedented demand from families who are desperate to keep their pantries stocked during the COVID-19 pandemic.

China is shunning U.S. soybeans and pork – at least temporarily – in retaliation to U.S. involvement in China’s treatment of Hong Kong, but expectations are that Chinese state buyers won’t be able to shut off U.S. trade for much longer.

Ag trade experts are working to assess how President Donald Trump's call for an end to preferential trade treatment for Hong Kong will impact American ag exports there, but say there appears to be no direct impact on the "phase one" trade deal with China.

Senate Majority Leader Mitch McConnell says the next big coronavirus relief bill, assuming there is one, would likely provide more funding for payments to farmers. But McConnell is clearly reluctant to include new spending for rural broadband or other infrastructure.