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Amid Weaker Economic Conditions, Reports Suggest Farmland Values Holding Steady

Last week, the Federal Reserve Bank of Dallas released its Agricultural Survey.  In part, the quarterly report stated that, “Bankers responding to the second-quarter survey reported overall weaker conditions across most regions of the Eleventh District.”

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Recent News Summaries

U.S. Corn and Cotton to China, But Buying Pace Needs a Big Boost to Meet Phase One Pledges

Bloomberg writers Michael Hirtzer and Dominic Carey reported last week that, “While U.S. shippers sent sizable orders of wheat, corn, cotton, pork and other agriculture goods to China in May, China would need to pick up the buying pace further…

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China Expands Suspension of Meat Imports from Brazil

The suspension of meat imports by China so far affects five large Brazilian plants. On Saturday, the Asian country removed pig companies BRF in Lajeado and JBS in Três Passos, both cities in Rio Grande do Sul state, from the…

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Ethanol: Issues Over EPA SRE (Small-Refinery Exemption) Requests Persist

Rachel Frazin reported recently at The Hill Online that, “The Senate Environment and Public Works Committee will not take up Douglas Benevento’s nomination for the No. 2 position at the Environmental Protection Agency (EPA) after Sen. Joni Ernst (R-Iowa) announced her opposition.” 

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China Imports Still Not on Pace to Meet Phase One Targets

On Monday, Bloomberg News reported that, “China’s purchases of U.S. goods increased last month as the economy continued its recovery from the coronavirus shutdowns, but imports are still far behind the pace needed to meet the terms of the ‘phase…

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Argentina Combats Locust Cloud, as Brazil Stays on Alert

Last week, the advance of a locust cloud put the Brazil and Argentine authorities on alert. According to a bulletin released by the National Service for Health and Agrifood Quality (Senasa), the locust cloud came from Paraguay, where it destroyed…

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China’s Restrictions on Food Imports Meet Resistance from Exporters

Last week, Bloomberg’s Mike Dorning reported that, “U.S. health and agricultural authorities issued thinly veiled criticism of new demands from China for food-exporting companies to sign documents stating that they comply with safety standards to prevent transmission of Covid-19.”

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