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Shining Light on Farm & Food Policy for 20 Years.
Monday, August 19, 2024
Peanut butter makers are churning out as much product as they can and they can’t do it fast enough to meet the unprecedented demand from families who are desperate to keep their pantries stocked during the COVID-19 pandemic.
China is shunning U.S. soybeans and pork – at least temporarily – in retaliation to U.S. involvement in China’s treatment of Hong Kong, but expectations are that Chinese state buyers won’t be able to shut off U.S. trade for much longer.
Ag trade experts are working to assess how President Donald Trump's call for an end to preferential trade treatment for Hong Kong will impact American ag exports there, but say there appears to be no direct impact on the "phase one" trade deal with China.
A longtime analyst of U.S.-Cuba relations says Joe Biden would have a harder time reversing course with Havana on trade policy due in part to the Cuban regime’s support for the Venezuelan government.
China is buying a lot more U.S. ag commodities and tearing down major import restrictions — just as it promised in the “phase one” trade deal — but the successes of the pact are being drowned out by growing animosity on both sides of the Pacific.
Former Vice President Joe Biden accuses President Donald Trump of reacting too slowly to the coronavirus-driven market disruptions that have forced farmers to dump milk and plow under crops while people were lining up for help from food banks.
President Donald Trump’s suggestion Tuesday that he would be willing to terminate trade deals that permit cattle imports left some aghast at the apparent threat to trade with Canada and Mexico, but U.S. Cattlemen’s Association President Brooke Miller says he’s pleased.
The “phase one” trade deal with China is paying off substantially for commodities like soybeans, corn, wheat and sorghum, but it’s hit or miss for specialty crop farmers, many of whom are still trying to find replacement markets.