Sunday, November 17, 2019

International News/Trade

China Drops Ban on U.S. Poultry Imports; Poultry Organizations say China Access Worth Billions

Ag Secretary Sonny Perdue and U.S. Trade Representative Robert Lighthizer are both pleased that China lifted it’s “unwarranted ban” on U.S. poultry imports. “This is great news for both America’s farmers and China’s consumers,”...

Japan Likely to Vote on U.S. Trade Pact Next Week

Media reports in Japan are saying that the parliament is likely to start voting on a trade pact with the U.S. sometime next week. The lower house of the Japanese Diet will take up...

Opportunity Ahead for More U.S. Wheat Exports to Brazil

Brazil is set to open a tariff-rate quota on wheat imports, a potential opportunity for U.S. wheat producers. The quota will allow 750,000 metric tons of wheat to enter Brazil duty-free from outside of...

Justice Department Asks for Stay in Sugar Decision

Late last week, the U.S. Justice Department filed a motion requesting a 90-day stay in the Court of International Trade’s ruling that an amended Mexico-U.S. trade agreement wasn’t valid. The Hagstrom Report says an...

Trump says No Agreement with China on Easing Tariffs Yet

Late last week, the Chinese government stated that the U.S and China had reached an agreement to begin rolling back tariffs after a phase one trade deal is signed. That statement led to some...

USDA Set to Allow Chinese Poultry Imports as a Sign of Progress

The U.S. Department of Agriculture is taking steps to allow poultry imports from China. FarmProgress.com says it’s a sign of ongoing progress in the talks between Washington and Beijing that will hopefully lead to...
Cotton in Arizona. Photo by Sabrina Hill

Brazil Taking Cotton Exports Away from U.S. Producers

While soybeans have gotten a lot of attention during the U.S. trade war with China, U.S. cotton is one of the lesser-known victims of the trade dispute. Just 14 million acres of the crop...

Rabobank: China’s Hog Herd Won’t Bounce Back for Five Years

Rabobank says China’s pig herd, once the largest in the world, will take more than five years to recover from the African Swine Fever outbreak. Even then, Rabobank International says their meat consumption won’t...

China’s Demand for U.S. Pork Continuing to Grow Despite Tariffs

The USDA recently raised its pork export forecast for both 2019 and 2020. The predicted rise is due in large part to the significant growth in Chinese demand for more U.S. pork. China’s growing...

China, U.S., Strike Tariff Rollback Agreement

The U.S. and China will roll back tariffs if they strike a preliminary deal, a move requested by China before signing a phase one trade agreement. The signing of the agreement may be now...

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