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…
USDA Trade Data Update: Focus on Soybeans and Grains
Today’s update provides a brief overview of updated USDA agricultural export data, with particular focus on soybeans and grains.
President Trump Delivers Remarks to Farm Bureau Members
President Donald Trump addressed the American Farm Bureau Federation’s (AFBF) 99th Annual Convention in Nashville, Tennessee on Monday. The President touched on a variety of issues, including tax reform, regulations, rural broadband,…
NAFTA- Recent Developments as President Trump Addresses AFBF Members on Monday
President Donald Trump will be in Nashville, Tennessee on Monday to speak at the American Farm Bureau Federation’s (AFBF) 99th Annual Convention. The AFBF noted recently that, "After three consecutive years of…
Dairy, Livestock, and Trade Issues Highlighted in Recent USDA Reports
In the last few days, USDA's Economic Research Service (ERS) and Foreign Agricultural Service (FAS) have released three separate reports that contain current information relating to dairy sector analysis in…
USDA Trade Data; NAFTA Perspectives from Farm State Senators
Today’s update provides a brief overview of updated USDA agricultural export data, and also looks at recent news items regarding the NAFTA renegotiation, with particular focus on perspective from some…
USDA Updates U.S. Ag Export Forecast Amid NAFTA Worries
In fiscal year 2017, U.S. agricultural exports totaled $140.5 billion, representing the third-highest level on record. In its quarterly export forecast in August, USDA indicated that fiscal year 2018 agricultural exports were projected…
A Focus on Corn Belt Ag Exports; NAFTA Update
A FarmPolicyNews update last week pointed to recent USDA information pertaining to the aggregate value of U.S. agricultural exports, and how these trade flows have changed over the past two decades…