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Balanced Reporting. Trusted Insights.
Wednesday, April 02, 2025
China’s purchases of American cotton have cratered in early 2025 as weak domestic consumption and trade uncertainty weigh on U.S. exports and prices, analysts tell Agri-Pulse.
It’s National Ag Day, and Reps. Mark Alford, R-Mo., and Jim Costa, D-Calif., are leading a resolution to officially designate the day as a celebration of “the importance of agriculture as one of the most impactful industries in the United States.”
Beijing renewed a slate of expiring registrations for U.S. facilities exporting pork and poultry to China, according to industry groups, but the beef industry is still waiting on hundreds of renewals.
The Trump administration is breaking with predecessors in the way it approaches trade negotiations, said Julie Callahan, a senior U.S. trade representative official. Narrower agreements like sectoral trade deals covering a specific industry may be preferable to sweeping FTAs, she said.
Hundreds of export licenses for meat facilities that ship products to China are set to expire in the coming days, fueling doubts about future access to a major export market.
There’s a new twist in President Donald Trump’s trade wars. He is threatening to impose steep duties on wine and alcohol from the European Union if the bloc doesn’t drop its retaliatory tariff on U.S. whiskey.