U.S.T.R. Hoping for NAFTA Renegotiation This Month
On Tuesday, Wall Street Journal writer William Mauldin reported that, "President Donald Trump’s top trade official wants to finish a renegotiation of the North American Free Trade Agreement by the…
U.S., China Trade Issues: Sorghum, Soybeans
In addition to the concern expressed last week by Senate Agriculture Committee members to Agriculture Secretary Sonny Perdue regarding executive branch trade actions, recent news items continue to highlight the…
Secretary Perdue Discusses the State of Rural America at Senate Ag Committee Hearing- Focus on Trade, RFS
On the one-year anniversary of being confirmed by the Senate as the 31st U.S. Secretary of Agriculture, former Georgia Governor Sonny Perdue delivered testimony on Tuesday to the Senate Agriculture Committee…
China Ag Trade Issues Continue to Percolate- Closer Look at Sorghum, Soybeans
China recently announced anti-dumping measures on U.S. sorghum. Meanwhile, potential action by China on U.S. soybeans continues to concern farm state lawmakers and agricultural producers alike. Today's update looks at…
Federal Assistance for Farm Trade Impacts
On Monday, President Trump noted that ongoing trade turbulence with China could adversely impact U.S. agricultural producers already hampered by a sluggish U.S. farm economy. The President has asked the…
U.S.-China Ratchet Up Tariff Threats- Trump Instructs Perdue to Implement Plan to Protect Farmers
Today's update includes a brief explanation of recent trade tariff action taken by the U.S. and China. The trade uncertainty unfolds as agricultural producers anticipate another year of stagnant farm…
In Ongoing Trade Dispute, China Targets U.S. Soybeans
Since withdrawing from the Trans-Pacific Partnership on his first working day in office, and formally opening the North American Free Trade Agreement to the renegotiation process, President Trump's rhetoric on trade…
Trade Worries Taint Farm Economy Outlook
A recent report from CoBank pointed out that trade worries are clouding the economic outlook for U.S. farmers and ranchers. And, a recent report from Purdue University demonstrates that potential trade…
Pork, Ethanol Among Agricultural Products Targeted By China in Trade Conflict
Charles Clover, Lucy Hornby and James Kynge reported on Friday at The Financial Times Online that, "Beijing signalled its readiness to go toe-to-toe with US President Donald Trump’s campaign of…
Wall Street Journal: China Prepares Tariffs Targeting Agricultural Exports
The Wall Street Journal reported on Wednesday that, "China is preparing to hit back at trade offensives from Washington with tariffs aimed at President Donald Trump’s support base, including levies targeting…
New U.S. Tariffs Ramp-Up Fear of Ag Trade Retaliation; Soybean Growers Especially Worried
On Thursday, President Trump implemented tariffs on steel and aluminum, an action that had been anticipated since last week. Today's update explores recent news items that highlight the potential negative impact…
Trade Complications: President Signals Steel and Aluminum Tariffs Bargaining Chips in NAFTA Renegotiations
Wall Street Journal writer William Mauldin reported on Monday that, "President Donald Trump on Monday sought to use his threat to slap tariffs on steel and aluminum imports as leverage…
Trade Retaliation Measures Could Hurt U.S. Farm Sector
A FarmPolicyNews update last month discussed executive branch implementation of U.S. import tariffs on solar panels and washing machines, as well as the possibility of future implementation of import barriers on…
USDA Trade Data: 2017 Calendar Year Highlights; Outlook for 2018 (Corn, Soybeans)
Today's update looks at recent USDA trade highlights from calendar year 2017, and then turns to USDA's export projections for corn and soybeans in the 2018-19 marketing year.
Farm Groups Concerned About Additional U.S. Trade Restrictions- China Agricultural Retaliation
Following the implementation of U.S. import tariffs on solar panels and washing machines, more recent news regarding potential executive branch trade barriers imposed on steel and aluminum imports have caused…
House Ag Committee Hearing with Sec. Perdue: Trade Issues
Secretary of Agriculture Sonny Perdue testified before the House Agriculture Committee on Tuesday morning at a hearing on the “State of the Rural Economy.” Recall that back in May, shortly after…
If a China-U.S. Trade Dispute Emerges, Could Soybean Exports Be Affected?
Last week, a Bloomberg news article stated that, "Commodities would be particularly exposed if U.S. President Donald Trump’s decision to impose tariffs on foreign solar panels and washing machines sparks…
NAFTA Talks Moving “Slowly,” President Floats TPP Consideration
Financial Times writer Shawn Donnan reported on Monday that, "Talks to renegotiate the North American Free Trade Agreement are moving too slowly, Donald Trump’s trade tsar complained on Monday as he rejected…
Trade Update: Trans-Pacific Partnership (TPP), China, and NAFTA
Jacob M. Schlesinger reported on Tuesday at The Wall Street Journal Online that, "Eleven Pacific Rim nations agreed to forge a new trade bloc [TPP] that excludes the U.S. on Tuesday,…
Kansas City Fed Ag Outlook- Robust Corn, Soybean Production Make Exports Increasingly Important
Cortney Cowley, an economist at the Federal Reserve Bank of Kansas City, indicated in an update last week ("As Winter Looms, Key Risks Keep Ag Outlook Cool") that, "Following steep declines…