China is responding after President Trump accused China last week of not promptly buying more U.S. agriculture products.
China’s pork output fell, but by less than expected in the first half of 2019 as China tackles the deadly African swine fever virus.
Brazil, the biggest soybean exporter, is strengthening its lead against the U.S. after trading giants spent billions of dollars on building new terminals and developing routes to ports.
Some Chinese hog producers are being forced to sell healthy pigs at sharply lower prices after criminal gangs fake outbreaks of African swine fever on farms free of the disease.
America’s agricultural economy is bracing for yet another hit as Tropical Storm Barry barrels toward Louisiana, with grain elevators, cotton fields and cane crops in its projected path.
The U.S. and China have restarted trade talks, but China has still not made large purchases as U.S. agriculture product.
The Trump Administration is continuing to push Congress to ratify the new U.S.-Mexico-Canada Agreement.