Articles Tagged with ''cotton''

China will fully comply with its promises to buy U.S. ag commodities and the U.K. will be held to demands that it lift barriers on American farm products, U.S. Trade Representative Robert Lighthizer told lawmakers Wednesday.

EPA defended its decision to allow use of existing stocks of three dicamba herbicides, saying in a court filing that it has taken "responsible steps to avoid unregulated and inappropriate use of existing stocks."

Farm earnings are likely to fall sharply this year despite the $16 billion in COVID-19 assistance payments now being distributed, and farmers’ income is likely to drop again in 2021 without additional government aid, according to a widely followed forecast of the agricultural economy.

Farmers will get some welcome relief starting next month from the market impact of the coronavirus, but it will take a second round of payments to keep many in the black this year, and producers may face similar problems into next year.

Anti-biotech activists and sentiment are entrenched throughout Africa, but U.S. farm groups and businesses are hoping a free trade agreement with Kenya will help the country break through its GMO barriers and provide an example to other nations of what the science can do for farmers and food security.

USDA’s $19 billion COVID-19 aid package for farmers may fall well short of compensating producers for the estimated damage of the pandemic, and the department has an ambitious and novel plan to distribute USDA-purchased commodities to needy people. 

The world textile industry is being hit hard as retail stores shutter around the world amid the COVID-19 pandemic and the pain is being felt all the way to American cotton fields.

Demand for cotton around the world is spiraling downward during the coronavirus pandemic, causing the USDA to lower its forecast for global consumption by 6.4% - a whopping 7.6 million bales.

The American Farm Bureau Federation delivers the Trump administration a detailed list of requests to swiftly use its authority under the $2 trillion economic stimulus package to rescue “all sectors of agriculture” from the twin blows of plunging commodity prices and the COVID-19 pandemic.

The Market Facilitation Program has made a significant difference in liquidity for many farms across the country, including Midwest grain operations as well as cotton and rice growers, but many farms are still likely to end this year with negative ending cash, according to an analysis of the trade assistance.