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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 19, 2024
The Mexican government is stressing the benefits of the U.S.-Mexico-Canada Agreement to the United States amid President-elect Donald Trump’s tariff threats and preparations for the trade deal's forthcoming review – in which market access for U.S. agriculture could feature prominently.
President-elect Donald Trump’s pledge to impose tariffs on U.S. trade partners is worrisome, the head of the Agricultural Retailers Association told his group’s annual conference in Houston last week.
President-elect Donald Trump on Monday said he will sign a series of executive orders on his first day in office to impose new duties on imports from Canada, Mexico and China over what he characterized as their inaction on border security and fentanyl smuggling.
U.S. ethanol exports increased by 38% through July to a cumulative 1 billion gallons, government data show, on the demand in many countries for lower-carbon fuel blendstocks to meet environmental goals.
USDA on Wednesday increased its forecast for agricultural imports for fiscal 2024, while projected ag exports remain unchanged at $170.5 billion, boosting the estimated U.S. ag trade deficit to $32 billion.
Fresh produce growers and exporters are worried proposed plastic packaging regulations advancing globally will have a tremendous consequence on food safety and waste, and are pushing for some policies to be scaled back.
The first thing U.S. Trade Representative Katherine Tai and Agriculture Secretary Tom Vilsack did after the U.S. lost its second USMCA dairy battle with Canada was vow to keep on fighting – reminiscent of statements released by U.S. lawmakers and U.S. dairy groups, but that fight may be at an end after two exhaustive legal fights that both ended in a decision by a three-member dispute panel.
The Agriculture Department announced Wednesday it will dole out $300 million during the first year of its new $1.2 billion Regional Agricultural Promotion Program, or RAPP.
The U.S. lost its latest dispute with Canada over the country’s operation of a tariff rate quota for dairy imports under the U.S.-Mexico-Canada Agreement, according to a Friday announcement from the Office of the U.S. Trade Representative.
Brazil, a country that produces 42% of the world’s soybeans and 12% of its corn, is intrinsic to global food production, but all of that hinges on the South American nation’s ability to bring in billions of dollars’ worth of fertilizer from thousands of miles away. It’s a situation that Matt Simpson, CEO of the company Brazil Potash, said he wants to help change.
