The Trump administration officially notified Congress that it will start trade negotiations with Japan, the European Union and the U.K. as soon as three months from Tuesday.
Two more vessels loaded with U.S. soybeans have departed for China, signaling that buyers may be getting more desperate for supplies amid the prolonged trade war between the nations.
The ongoing U.S.-China trade war could provide the opportunity one group of American farmers needs to compete with cheaper Chinese imports.
Japan might increase the amount of agriculture trade conducted with the U.S. through potential trade deal that was announced by President Trump following a meeting with Japanese Prime Minister Shinzo Abe.
University of Missouri economist Pat Westhoff says Brazil would have to stop exporting to everybody else, and the U.S. take over all of that demand, to make up for the lost shipments to China.
While the revised KORUS trade deal didn't include specific agriculture trade improvements it does paint a promising picture of things to come say farm industry officials.
China is dealing with an outbreak of African swine fever (ASF)—and is taking measures to control the disease, which suggests it could be much more widespread than the country is willing to admit.