Articles Tagged with ''china''

Agriculture Secretary Sonny Perdue says there is less than a 10% chance that farmers will get more Market Facilitation Program payments this year and that China is sending “signals” it intends to honor its pledges to ramp up purchases of U.S. farm commodities.

China is still battling to contain coronavirus infections, but the U.S. ag sector is taking heart in signs that industry there is coming back to life in time for trade to resume under the “phase one” trade deal.

A measurement of producer optimism set a record in February, eclipsing the old record set only one month earlier, but a survey to determine that measurement occurred before some key events last month.

California wine grape growers are out pulling up acres of grapevines this winter after years of liberal plantings and a flattening U.S. wine demand pushed growers and vintners into an economic purgatory.

The split between lawmakers and farmers over President Donald Trump’s trade war with China and the results of a “phase one” deal was highlighted Wednesday at a hearing on Capitol Hill.

Farmers across the Corn Belt and northern Plains along with producers in California, western Texas, and the lower Mississippi River Valley have been the biggest beneficiaries of the Trump administration’s Market Facilitation Program over the past year, according to data obtained by Agri-Pulse.

The historic “phase one” trade deal with China will boost American ag trade with the country, but it’s not likely to have a major impact on overall U.S. trade at a time when the farm sector here is increasingly dependent on international sales, USDA Chief Economist Robert Johansson tells Agri-Pulse.

China has begun making policy changes and will soon be accepting applications for tariff exemptions as part of its agreements under the phase one trade pact with the U.S., the Trump administration announced Tuesday.

President Donald Trump announced Friday via Twitter that he is open to doling out billions of dollars in a third trade assistance package for farmers because of implementation delays in trade deals such as the "phase one" pact with China.

China will follow through with the billions of dollars in additional ag purchases that it promised to make as part of the “phase one” trade pact with the U.S., but the coronavirus outbreak may delay the sales, Agriculture Secretary Sonny Perdue told reporters Thursday.