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Shining Light on Farm & Food Policy for 20 Years.
Monday, August 19, 2024
Another large Chinese purchase of U.S. corn announced Wednesday by USDA shows the country’s recent surge in buying continues as it rebuilds its swine herd and grows its poultry sector.
A new Canadian policy could be a major boon for U.S. corn farmers and ethanol producers, creating new demand and market access north of the U.S. border, but only if the Canadian government can be convinced to change a couple of key provisions.
Vice presidential candidates Mike Pence and Kamala Harris drew a clear line Wednesday night on the U.S.-China trade war with Pence conveying a position of strength and Harris decrying the damage done to American farmers and manufacturers.
China, the largest export market for U.S. soybeans, is dead set against any talk about the U.S. and Taiwan forging a closer alliance, but that’s not stopping the momentum that’s building between the two countries.
China’s imports of U.S. agricultural commodities are rising steadily, but the pace is still well below where it needs to be for the Chinese to meet its first-year commitments under the “phase one” trade pact that went into force in February, according to data analyzed by Agri-Pulse.
Agriculture has long pushed the benefits of exports to boost its business, but a new study shows the benefits also extend to other aspects of the economy.
The U.S. and Brazil have not yet reached a deal on U.S. demands to be able to sell the country more ethanol, but the Brazilian government is making clear what it is demanding in return, according to sources in both countries. Brazil wants more access to the lucrative and tightly guarded U.S. sugar market.
After seeing its domestic pork production decimated by an outbreak of African Swine Fever, China is aiming to recover enough to produce 95% of its pork within its own borders.
The U.S. and the U.K. still have a lot of negotiating ahead of them, but the British will likely agree to a free trade agreement that allows for increased trade in beef, pork and poultry, says Gregg Doud, the U.S. Trade Representative’s top agriculture negotiator.
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