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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 22, 2024
U.S. agricultural exports to China are up from a year ago but still far below the amounts needed to meet the pledges the Chinese made under the “phase one” trade agreement, according to new USDA data.
The budding friendship between the presidents of the U.S. and Brazil faces a new test as negotiators for both countries come head-to-head over the politically sensitive issue of ethanol tariffs.
China has made another record-breaking U.S. corn purchase, according to USDA data released Thursday. The sale of 1.937 million metric tons is some much-needed good news for U.S. farmers weathering low prices, reduced demand and high stocks, says Kevin Ross, president of the National Corn Growers Association.
President Donald Trump on Thursday issued another veiled threat to the U.S.-China “phase one” trade pact as the relevancy of the deal comes under question with perhaps just months left in the Trump presidency.
The USDA announced on Wednesday sales of 715,000 metric tons of U.S. soybeans to China, 649,000 tons of which are scheduled for delivery in the 2020-21 marketing year, which begins Sept. 1.
The Trump administration has released data on the businesses, including farms, that received forgivable loans under the Paycheck Protection Program created by Congress in an effort to keep people employed during the COVID-19 crisis.
