Trade
The path to ratification of the U.S. Mexico Canada Agreement took a step forward on Monday when Canada and Mexico removed retaliatory tariffs on many products.
![“I think Peter [Navarro] was misunderstood,” Lighthizer told Flory. “Trust me that the trade deal is on. It's the biggest trade deal anybody's ever done, and it is completely on.”](https://assets.farmjournal.com/dims4/default/6e12f37/2147483647/strip/true/crop/4653x3108+4+0/resize/250x167!/format/webp/quality/90/?url=https%3A%2F%2Ffj-corp-pub.s3.us-east-2.amazonaws.com%2Fs3fs-public%2F5441BABB-DF77-4B1E-A8A8B958B17092CC.jpg)
As large Chinese purchases of soybeans continue to roll in while rumors of a broken relationship abound, U.S. Trade Representative Robert Lighthizer assured farmers on Wednesday that the deal is still intact.
COVID 19 already disrupted the normal soybean crushing patterns in China where a 2 week drop in crush is normal after the Spring Festival, but this year that dip slowed below 1 million tons for 3 weeks.
The Trump administration and House Democrats are on the verge of announcing a handshake deal on the U.S.-Mexico-Canada free trade agreement.
China has been boosting meat imports to offset losses of pork from a raging fever that’s killing its domestic hogs. This week, the country is signaling it still wants more.
USDA began issuing the second round of Market Facilitation Program (MFP) payments on Aug. 21.
Chuck Conner, president and CEO of the National Council of Farmer Cooperatives, said the U.S.-Mexico-Canada Agreement (USMCA) has support across agriculture and should be an easy decision for Congress to finalize.
President Donald Trump said he would terminate the North American Free Trade Agreement and sign a new trade accord with Mexico, potentially leaving Canada out of the bloc.
As China continues to buy U.S. agricultural commodities, the buying pace may be sustainable even if the Phase One agreement is renegotiated. Agricultural leaders and analysts break down why.
President Donald Trump remains in U.S. farmers’ good graces, according to the latest Farm Journal Pulse survey.
President-elect Joe Biden has pledged to work more closely with U.S. allies in confronting China on trade, and is seen as unlikely to roll back his predecessor’s tariffs.
A review of the U.S.-China trade deal initially slated for Saturday will be delayed due to scheduling issues and no new date has been agreed.
The U.S. Department of Agriculture on Monday warned residents against planting unsolicited packages of seeds arriving from China because they could harm the environment.
U.S. President Donald Trump said on Friday his not currently thinking about negotiating a “Phase 2" trade deal with China as relations between Washington and Beijing sour.
U.S. exporters reported sales of 720,000 tonnes of soybeans to China, the U.S. Department of Agriculture (USDA) said on Thursday, as active purchases by the world’s top soy importer continued for a second straight week.
Top U.S. and Chinese trade representatives discussed their Phase 1 trade deal on Friday with China saying they agreed to improve the atmosphere for its implementation.
Coronavirus continues to be a black swan hitting the markets, with both the stock market and commodity market getting hit hard on Monday. Analysts warn more downside risk could be ahead.
It’s either going to be a boom fourth quarter for U.S. farmers, or that extra $12.5 billion in American agriculture purchases promised by China for this year isn’t happening.
China didn’t immediately start buying U.S. agricultural good after the Phase One signing. Some analysts say it could take a couple months before significant buys from China are on the books.
The Phase One trade agreement with China comes with a big promise to purchase close to $40 billion worth of U.S. agricultural products over the next two years. Does this mean the trade war is over? Economists weigh in.
Pro Farmer Policy Analyst Jim Wiesemeyer give analysis for each individual ag commodity impacted by the phase 1 trade deal with China.
County FSA offices have been directed to prioritize processing of the payments and conclude that by November 22.
President Donald Trump and Chinese President Xi Jinping may not be able to sign a partial trade deal until December, and two U.S. locations have been ruled out.
Chile’s biggest social unrest in a generation forced the government to cancel next month’s APEC summit in Santiago where President Donald Trump was expected to sign a preliminary trade accord with China.
In a quick change of events, China canceled a planned visit to farms in the U.S. heartland -- a trip touted by the Trump administration as a building of “goodwill.”
When the supply was disrupted, all manufacturers had to react, and it wasn’t just tariffs causing the changes to supply.
Trade negotiators from the U.S. and China resumed face-to-face talks in Washington, as the Trump administration said a Chinese delegation will visit American farmlands next week.
Farmers are concerned the aid packaged announced last week by the Trump Administration will not help them financially.
Archer-Daniels-Midland Co., the 116-year-old agribusiness giant, is shaping up as one of the few crop-trading houses to benefit from President Donald Trump’s trade war with China.
There will be some lingering trade pain for U.S. agriculture according to the former chief ag negotiator for the U.S. Trade Representative.