Shining Light on Farm & Food Policy for 20 Years. Friday, November 01, 2024

Trade

UAV Technology

Bayer to sell digital farming business to BASF

European Union, Justice Dept. poised to approve acquisition of Monsanto
Bayer said it will sell its digital farming business to BASF as part of an agreement with regulators to receive approval of its acquisition of Monsanto, which is expected to be finalized in the second quarter of this year.
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almonds

Almond farmers brace for Chinese tariff

U.S. almond farmers were just starting to put behind them a port strike three years ago that decimated exports, and now they are bracing for the impacts of a new 15 percent Chinese tariff that's just one aspect of the burgeoning U.S.-China trade war.
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President Donald Trump and Ag Secretary Sonny Perdue

Trump mulls more tariffs on China; Perdue vows to protect ag from trade war

President Donald Trump signaled today he’s willing to significantly up the ante in the escalating trade fight with China by proposing an additional $100 billion in tariffs on Chinese goods. USDA Secretary Sonny Perdue released a statement shortly afterwards, doubling down on his recent promises to protect farmers and ranchers from becoming collateral damage in the spat.
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Chinese flag

China fires back again as trade tensions escalate

In the latest salvo of trade actions between the U.S. and Chinese governments, the Chinese Ministry of Commerce (MOC) announced plans today to impose a 25 percent tariff on $50 billion of U.S. goods, including soybeans, aircraft and automobiles, according to the Chinese News Agency, Xinhua.
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Rice in a field

US-China trade aggression threatens rice deal

U.S. rice farmers and millers are climbing one of the final obstacles to gaining access to China’s massive import market, but there isn’t much celebrating going on. That’s because the two countries have come to the brink of an all-out trade war and it's looking like rice trade may become just one more casualty.
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