Tuesday, January 22, 2019

International News/Trade

U.S.-China Talks Wrap Up

Trade talks between the U.S. and China wrapped up this week and covered a wide range of topics. China’s Commerce Ministry released a statement saying the talks are helping to establish a way forward...

China Purchases More U.S. Soybeans

China purchased more soybeans earlier this week as the U.S. and China discussed the ongoing trade tensions between the two nations. Monday, Chinese importers purchased at least 180,000 metric tons, but some trade experts...

China Trade Talks Should Provide Direction

Trade talks between the U.S. and China this week should provide an early indication as to what political tensions between the two nations may disrupt the talks. Deputy U.S. Trade Representative Jeff Gerrish will...

China Purchasing More U.S. Soy

China is making more purchases of U.S. soybeans this week ahead planned trade talks in Beijing between the U.S. and China next week. China’s biggest food company was asking for prices Wednesday. The alleged...

U.S. Remains Quiet on China Trade Front

The Trump administration remains quiet ahead of talks with China next week, fueling concerns that concessions by China may not be enough to satisfy U.S. demands. Bloomberg News reports the measures by China to...

Foreign Ag Service Worked to Expand Trade in 2018

The USDA worked diligently in 2018 to expand trade opportunities around the world for U.S. ag producers. Those efforts paid off as global sales remained strong in spite of challenges in the trade arena...

China Makes Down Payment on U.S. Soybean Purchases

China appears to have begun following through on planned purchases of U.S. soybeans. Reuters reported Wednesday that China made its first major purchase of U.S. soybeans in more than six months. Chinese state-owned companies...

October Tariffs Highest in History

Tariffs Hurt the Heartland released data that showed an increase in import tariffs and falling U.S. exports due to new tariffs and international retaliation. They say tariff costs to U.S. businesses have never been...

Traders Await Tariff Reduction Before Moving U.S. Soybeans to China

While the U.S. and China have reached a deal for China to buy U.S. agricultural goods, the market is waiting for China to drop tariffs before transactions take place. Reuters reports no substantial purchases...

Ag Reacts to USMCA Signing

Ag groups responded to the U.S., Mexico, and Canada signing the updated North American Free Trade Agreement, called the USMCA. Kevin Kester, President of the National Cattlemen’s Beef Association, says “U.S. beef producers are...

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