Trade

The good news is a Trump presidency and Republican-controlled Senate might result in fewer regulations and lower taxes. The bad news is the U.S. could be headed for a possible trade war with China and other countries.
Chinese President Xi Jinping would much prefer to avoid a tariff battle that risks proving much more devastating than the first round.
U.S. agricultural exports totaled $13.13 billion in September against imports of $17.39 billion, resulting in a monthly trade deficit of $4.26 billion.
The British Columbia ports labor dispute continues, impacting exports at Canada’s biggest port in Vancouver with no sign of negotiating progress.
China braces for continued superpower rivalry regardless of the U.S. election outcome.
Mexico came in with another big buy of U.S. corn on Friday. USDA reported a sale of 781,322 metric tons of corn for delivery to Mexico.
I believe in the power of flowers, and that means I also believe in the power of trade, sustainability, and technology as fundamental bases of the agro-industry.
As agriculture faces multiple challenges, USDA’s latest net farm income forecast is masking the reality for farmers. While livestock margins have improved for 2024, high input costs and below breakeven prices for row crops means margins could be the worst in nearly 20 years.
A Virginia Tech report finds global agricultural productivity growth has slowed from 1.9% to 0.7% annually.
USDA forecasts agricultural exports at $173.5 billion and imports at a record $204 billion for a projected record trade deficit of $30.5 billion.
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