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Shining Light on Farm & Food Policy for 20 Years.
Monday, January 06, 2025
U.S. farm groups are cheering the last-minute deal struck Sunday night to keep Canada in the newly renamed North American trade pact with the U.S. and Mexico.
The U.S. and Japan have agreed to enter into talks for a free trade agreement, a development the American agriculture sector has been hoping for ever since President Donald Trump pulled the U.S. out of the Trans-Pacific Partnership.
With the new farm bill likely stalled until after the November mid-term elections, one of the biggest disputes still to be ironed out is a provision in the House farm bill that would end commodity program payments for acreage on which farmers haven’t been growing program crops.
Some Republicans say the best thing Congress could do to help farmers withstand the turmoil in trade policy is to pass a new farm bill. But economists say the legislation is unlikely to offer much relief to farmers, especially soybean growers, even if commodity prices don’t recover from their current tariff-induced slump.
Fires in Oregon wheat fields have claimed thousands of crop acres and taken the life of a farmer seeking to stop a blaze from spreading, and the damage to pocketbooks might not be over yet.
Chinese importers have already stopped buying U.S. wheat, soybean purchases are expected to drop even further, and the U.S. ag sector is expecting the financial pain to increase exponentially as long as the Trump administration persists in a trade war with China.
America's usual weather diverges from the arid U.S. West to the wet East Coast, but extreme rain events are getting more frequent, dumping more water, and this summer is a case in point.
China is threatening to retaliate once again against rising U.S. tariffs, but the Asian country has literally run out of U.S. exports to put new taxes on.
President Donald Trump today announced the U.S. will hit China with $50 billion worth of tariffs on more than 1,000 Chinese productds, taking the U.S. closer to a trade war with the Asian nation, which has threatened to hit back with tariffs on U.S. soybeans, wheat, corn and other commodities.
President Donald Trump is promising U.S. farmers and ranchers they’ll soon be able to export a lot more of their harvest to China and the U.S. ag sector is ready and willing.
