Trade

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USDA's latest trade forecast projects higher exports and imports for 2020

Three longtime GOP members of the House Agriculture Committee are vying to be the panel's top Republican in the next Congress.

The Department of Agriculture’s Food Safety and Inspection Service has announced 172 American poultry slaughter and processing facilities that can export their products to China.

Pork producers hope an Iowa State University analysis saying U.S. pork exports to China could reduce the overall trade deficit with the country by 6% percent will lead to an easing of tariffs between the two countries.

The Department of Agriculture expects imports of an additional 100,000 short tons of refined Mexican sugar to compensate for shortages in U.S. production.

House Speaker Nancy Pelosi says negotiations to bring the U.S.-Mexico-Canada Agreement to the House floor are ongoing, but procedural steps required once a deal with the Trump administration is secured could push a vote into the new year.

President Donald Trump has said there are enough Democratic votes in the House to approve the U.S.-Mexico-Canada Agreement and lawmakers like Rep. Henry Cuellar, D-Texas, agree, but there are still deep reservations by some over how to replace the North American Free Trade Agreement.

After years of negotiation, South Korea has agreed to U.S. demands to set up a quota to ensure imports of U.S. rice, the Trump administration announced Tuesday.

Congress must pass a new stopgap spending bill this week to avoid a government shutdown ahead of the Thanksgiving break, while House Democrats look to nail down a deal with the White House to clear the way for approval of the U.S.-Mexico-Canada trade agreement.

There won’t likely be enough sugar in the U.S. market to comfortably supply all the bakers, candy makers and food manufacturers that need it at a reasonable price, so USDA will soon be announcing a plan to allow for more imports, the department announced Friday.