Trade

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An impasse in discussions over an expiring contract has dockworkers readying for a strike that could leave containers piling up at ports along the East and Gulf Coasts, force cargo ships to sit in harbors until it clears, and scramble routes for agricultural goods at a critical time of year for farmers. 

Revoking China’s favorable trade status would backfire on the U.S. economy, with sectors such as agriculture especially hard hit, according to a report by the Peterson Institute for International Economics.

Former President Donald Trump, responding to a survey by the American Farm Bureau Federation, is throwing his support behind increasing commodity price supports and other assistance for producers. But Vice President Kamala Harris notes Trump proposed budgets that would have cut some farm programs. 

USDA lowered its estimate of the already sagging farmgate price of corn while maintaining relatively strong forecasts for corn and soybean production.

The House advanced legislation Wednesday that would increase oversight of farmland purchases by investors from China, Russia, Iran and North Korea. 

Vice President Kamala Harris and former President Donald Trump, debating for the first time Tuesday night, tangled over trade policy and Trump’s proposal to impose across-the-board tariffs on U.S. imports.

Banning the use of foreign biofuel feedstocks such as used cooking oil for a new tax credit could result in retaliation against U.S. farm exports, Agriculture Secretary Tom Vilsack said Tuesday.

Leading advocates for former President Donald Trump and Vice President Kamala Harris clashed over trade, immigration and tax policy during an informal debate Monday.

Some 300 organizations are sending a letter to congressional leaders today, appealing for a farm bill, and teams of farmers representing a cross-section of commodity groups will be fanning out across Capitol Hill this week to make the pitch in person.  North Dakota Gov. Doug Burgum defended former President Donald Trump's tariff policy on Sunday.