Imports and Exports
With the expansion of the U.S. soybean processing industry due to the push for green fuels farmers are looking for a new home for the extra meal...and they’re finding it in Morocco.
Morocco has a vibrant and growing protein sector, which presents an opportunity for increased sales of U.S. soybeans and meal.
A young, growing population with an appetite for protein presents an opportunity for soybean meal, in particular.
The price surge comes as Europe announced a ban on Russian diesel fuel and G7 countries vowed to price-cap Russian oil products.
China, the top food importer on the planet and biggest buyer in history, is entangled in a potentially devastating population crash and the effect could be massive for U.S. agriculture.
China’s state-owned grains trader COFCO said a new joint venture it has set up with state stockpiler Sinograin to manage the country’s grain reserves will officially begin operations next month.
Members of the bloc agreed on how to create a tool that will force foreign companies to pay for the cost of their carbon emissions.
NCGA and presidents of 23 state grower organizations are adding their voices to a growing list who want the Biden administration to deal with Mexico’s coming ban (starting in 2025) on imports of GMO corn.
Congressmen who penned the Ocean Shipping Reform Act of 2022 are calling on the Federal Maritime Commission to mend the gap and provide “reasonable opportunities” for U.S. exporters to get their goods to foreign markets.
Chinese leaders are considering steps toward reopening after nearly three years of tough pandemic restrictions. The news comes as China’s imports and exports slow on rising risks of a global recession.