China to Slash Tariffs on US Ag Products, Excluding Soybeans
The U.S. and China extended the Busan Agreement, the trade truce between the two countries, to Jan. 10 while identifying more than 1,600 products, including agricultural commodities, for potential tariff reductions. But soybeans for food and crushing were excluded from the list, and negotiators did not announce new agricultural trade commitments or a timeline for implementing the potential tariff reductions.
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Immigration Raids Disrupting Kansas Meatpacking Operations
Meatpacking industry groups raised concerns Friday that recent heightened immigration operations in Texas, Kansas and Oklahoma have caused employees to miss work, leading to problems at meat-related businesses that could ultimately raise prices for consumers. Meatpackers slaughtered an estimated 90,000 cattle on …
Farm Bill Action Unlikely in Senate Until After Midterm Elections
The Senate’s version of the farm bill isn’t expected to be put to a vote in the chamber before the election and instead senators and House lawmakers will informally conference to work out differences, Senate Agriculture Committee Chairman John Boozman (R-Ark.) said …
US & China Extend Trade Truce Until January as Xi Arrives in US
Chinese President Xi Jinping arrived in Washington on Wednesday, where he was met with a rare planeside greeting from President Donald Trump after their top officials agreed to extend a trade truce until January …
U.S. Weighing Diesel Export Ban Pushed by Ag Lawmakers
The Trump administration is examining whether a diesel export ban is a feasible way to address record-high prices for the critical fuel, Treasury Secretary Scott Bessent said Tuesday. Many of the calls for a diesel export ban are coming from lawmakers in …
Trump Says US Working to Buy Cheaper Potash from Belarus
President Donald Trump on Monday announced that he is working on a “massive deal” to purchase potash, a key fertilizer, from Belarus. “The pricing would be for substantially less than we are currently paying to Canada, very good news for our Farmers …
China Hasn’t Met Pledge to Increase US Ag Purchases, Except for Soybeans
China is over halfway to meeting its pledge to buy 25 million tons of US soybeans this year, but progress on a separate commitment to spend at least $17 billion more on American crops has largely stalled. In the first seven months …
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