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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 19, 2024
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.
Cattle, dairy and hog producers as well as corn and soybean growers are expected to collect the largest shares of USDA’s $16 billion in coronavirus relief payments, which are designed to compensate for losses in sales or market value between January and April.
Farmers can start enrolling next week for $16 billion in coronavirus relief payments, but the Agriculture Department has decided to prorate the aid to ensure there is enough money to go around, Agri-Pulse has learned.
It’s not everything that farm groups wanted, but the broad array of agricultural provisions in a $3 trillion coronavirus relief bill that the House is expected to vote on Friday are likely to find many supporters in the Senate.
While many large meat processing plants slowed down or temporarily closed due to the spread of COVID-19 among their employees, many small, local meat lockers are seeing a boom in demand for custom butchering.
House Democrats released a massive new coronavirus relief bill that would provide $16.5 billion in additional direct payments to farmers and authorize USDA to compensate producers who have to dispose of livestock and poultry that can’t be sold because of processing disruptions.
The Agriculture Department awarded more than $1.2 billion in contracts to distributors to deliver fresh produce, milk, dairy products and pork and chicken directly to needy Americans.
The U.S. exported record amounts of pork and posted very strong numbers for beef sales around the globe in March, despite the COVID-19 pandemic, according to new USDA data compiled by the U.S. Meat Export Federation.
Agriculture Secretary Sonny Perdue expressed confidence at a White House meeting Wednesday that the meat shortages that have forced supermarkets to limit purchases should ease as meatpacking plants fully reopen within the next 10 days.