Trade

It’s no secret the Chinese economy is struggling. Still, Pro Farmer senior market analyst Rich Posson said he’s concerned the trade war will continue well into next year.

China committed to buying 200 million gallons of ethanol during the first half of 2021. If the commitments turn into shipments, it would mark the largest annual purchase for U.S. ethanol ever.

Farmers are concerned the aid packaged announced last week by the Trump Administration will not help them financially.

There will be some lingering trade pain for U.S. agriculture according to the former chief ag negotiator for the U.S. Trade Representative.

The effects are already visible, with declining French barley exports to China and the U.S. struggling to sell corn for the new season.

Biden administration officials are meeting with the United States Maritime Alliance (USMX) to urge good faith negotiations in the ongoing labor dispute with the International Longshoremen’s Association (ILA).

Grain terminal workers at the Port of Vancouver started returning to work on Sept. 28 following a tentative agreement to end a four-day strike that disrupted crop exports during the critical harvest season.