Trade
The reopening of the U.S.-Mexico border on Aug. 24 is expected to have a short-term impact on cattle markets, but analysts say the return of Mexican feeder cattle will not fundamentally change long-term supply.
Former US Trade Representative Bob Lighthizer says Mexico, not Canada, will be the biggest test in USMCA talks, citing trade deficits. That’s as agriculture leaders push to protect billions in North American trade.
USDA to open the Douglas, Ariz., port first to restart U.S.-Mexico cattle trade after more than a year of New World screwworm-driven closures — if Mexico adheres to the Joint Action Plan.
The question facing U.S. agriculture is whether current farm aid is a bridge through temporary hardship — or a pier toward more structural government support.
Koch Ag & Energy Solutions will invest in Jorf Fertilizers Company I, forming a 50/50 joint venture with OCP Nutricrops and expanding the companies’ phosphate fertilizer partnership in Morocco.
At the Iowa Economic Summit, former USTR Bob Lighthizer warned farmers that China’s soy and meat buying is a short-term play, urging producers to “take off the rose-colored glasses” regarding long-term export risk.
The company reversed course just over two weeks after seeking antidumping and countervailing duties on Chinese glyphosate imports, while corn, soybean and wheat groups welcomed the move.
A Canadian ag policy leader says annual USMCA reviews could slow investment across North America but sees an opportunity for the U.S. and Canada to reach a win-win on dairy.