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<p>Balanced Reporting. Trusted Insights.</p>
Wednesday, April 02, 2025
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.
China retaliated against U.S. agricultural exports this week, but plenty in the agricultural community continue to see the merits in President Donald Trump’s trade agenda and are willing to accept the short-term sting.
Companies serving the U.S. agriculture sector are bracing for trade frictions in early 2025 by frontloading imports and diverting shipments to ease the impacts of a possible port strike and tariff hikes.
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.
The Japanese tariff on U.S. beef has dropped gradually from 38.5% in 2019 to 23.3% this year as a result of the three-year-old U.S.-Japan Trade Agreement, a prime example of the kind of free trade agreement the U.S. ag sector and some lawmakers say they want to see replicated.
Some ag exporters have complained that they can’t get their products into containers or that the filled containers are sitting at port, incurring fees and risking spoilage, because shippers are sending empty containers back to Asia so they can be filled with imports and sent back to the U.S. as fast as possible.
U.S. pork exports continue to break records, buoyed by unprecedented demand from China, where African swine fever decimated production, but American producers are preparing to adapt as the country quickly rebuilds its herd.
