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Articles Tagged with ''TRQ''

US loses latest USMCA dairy case

11/24/23 9:37 AM By Bill Tomson

The U.S. lost its latest dispute with Canada over the country’s operation of a tariff rate quota for dairy imports under the U.S.-Mexico-Canada Agreement, according to a Friday announcement from the Office of the U.S. Trade Representative.

Brazil to suspend tariff on ethanol imports

03/22/22 5:22 PM By Bill Tomson

Brazil’s Ministry of Economy announced Tuesday that beginning Wednesday, Brazil will suspend its 18% tariff on ethanol imports for the rest of 2022 in an inflation-cutting effort to reduce fuel prices domestically.

Dairy on edge over Canada TRQ dispute

02/23/22 6:49 AM By Bill Tomson

It’s been three weeks since Canada submitted its proposal to fix the way it runs its dairy quotas under the U.S.-Mexico-Canada Agreement, but there’s still no word from the Biden administration on accepting it and preventing yet another trade dispute between Ottawa and Washington that could affect far more than just dairy.

USTR report: China’s WTO noncompliance hurts US ag

02/16/22 5:02 PM By Bill Tomson

China continues to be a “difficult and unpredictable market for U.S. agricultural exporters” because it flouts international trade standards set by the World Trade Organization, according to a new report to Congress from the Office of the U.S. Trade Representative.

China fills grain quotas as the US weighs WTO compliance

11/04/20 5:20 AM By Bill Tomson

China is again promising that it has made structural changes to its tariff rate quota system to import corn, wheat and rice, but it’s still not clear if that’s the case as the new deadline approaches for the U.S. to tell the World Trade Organization if it agrees.

US wheat reaps rewards from stronger ties with Brazil

09/09/20 6:24 AM By Bill Tomson

U.S. wheat farmers continue to benefit from the ties between Brazilian President Jair Bolsonaro and U.S. President Donald Trump, which have only strengthened since the two first met at the White House last year.

China goes in big again on US corn purchases

05/07/20 11:11 AM By Bill Tomson

The USDA on Thursday reported sales of 686,000 metric tons of corn to Chinese buyers, with 371,000 tons of it for delivery in the 2019-20 marketing year and the rest — 315,000 tons — in 2020-21.

China buys another 567,000 tons of US corn

04/03/20 10:45 AM By Bill Tomson

China is continuing to live up to its purchase promises under the “phase one” trade deal, buying up 567,000 metric tons of U.S. corn, according to new export sales announced Friday by the USDA. Most of it — 504,000 tons — is for delivery in the 2020-21 marketing year, while 63,000 tons are for delivery in the current 2019-20 marketing year.

US bakers celebrate more sugar as coronavirus spurs consumer demand

04/02/20 2:52 PM By Bill Tomson

The USDA’s decision to open the tightly-controlled U.S. sugar market to more foreign sugar comes as a relief for bakers and food manufacturers.

Chinese make big purchases of US corn and wheat

03/20/20 10:53 AM By Bill Tomson

The USDA announced Thursday that U.S. exporters are reporting large sales of U.S. corn and wheat to China after years of depressed trade. A new report shows export sales of 750,000 metric tons of U.S. corn and 340,000 metric tons of hard red winter wheat to China.

Agri-Pulse Open Mic: Jim Sutter, CEO, U.S. Soybean Export Council

This week’s Open Mic guest is Jim Sutter, CEO of the U.S. Soybean Export Council. As trade tensions with China have shifted more of their imports from Brazil, U.S. soybean farmers have successfully diversified their global demand base. Sutter says domestic supplies have higher quality than soybeans from anywhere else in the world and thus prove a better value for customers both in raw beans and in soy products. Sutter says production sustainability is becoming a greater priority in some markets which is a big advantage for U.S. soybean farmers and he sees increases in both global demand and production of oilseeds.

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Agri-Pulse Newsmakers

12.20.2024

Agri-Pulse Newsmakers: Dec. 20, 2024: Todd Van Hoose on Farm Credit System, farm economy

The Farm Credit System has experienced many changes in recent decades to better support rural America. Todd Van Hoose, retiring president and CEO of the Farm Credit Council, discussed the viability of lenders in 2025 and looked back at a historic farm bill advocacy push. Christy Seyfert will succeed Van Hoose in January.

Then, The Russell Group’s Jessica Schulken and John Weber from Monument Advocacy discuss the potential impacts of DOGE and what influence RFK Jr. may have on the food and agriculture industries.

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