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Shining Light on Farm & Food Policy for 20 Years.
Monday, December 23, 2024
China pledged to immediately begin ramping up U.S. soybean purchases by buying at least 5 million tons, Vice Premier Liu He announced today in the White House after two days of negotiations.
The government is reopening for at least three weeks and the Agriculture Department plans to jump-start work on implementation the 2018 farm bill, a task that was interrupted just as it was beginning in December.
President Donald Trump assured farmers struggling through a prolonged economic slump that better times are ahead for U.S. agriculture because of his efforts to lower trade barriers to American exports and roll back regulations.
Reports out of China where U.S. and Chinese negotiators — including USDA officials — have been working for the past three days to end the ongoing trade war are so far positive, and that’s a good sign for the U.S. chicken industry.
The Chinese government is enacting new procedures in an effort to curb the spread of African Swine Fever after detecting the disease at a large hog farm this week.
China is technically open to U.S. rice now – the Chinese ban was lifted Friday - but trade can’t begin flowing yet thanks to bureaucratic steps that remain unfinished, according to U.S. industry officials.
