Trade
Ahead of the Thursday House farm bill vote host Chip Flory brings in House Ag Chairman Rep. Mike Conaway (R- Texas). Also joining the show is USDA Meteorologist Brad Rippey, and Dennis Slater, president of AEM.
Matt Campbell with FC Stone talks host Chip Flory off the ledge after a rough day with the markets. Cary Artac of Artac Advisories updates his weekly charts and Davis Michaelsen covers the news.
The Trump administration is monitoring the situation and plans to take necessary action to shelter farmers from taking the brunt of trade negotiation fallout.
Despite trade obstacles, the U.S. pork industry will vigorously defend its share of Mexico’s growing pork market and continue to pursue new opportunities for U.S. pork products in Mexico.
The Trump administration will announce as early as Monday that it’s imposing a 10 percent tariff on $200 billion of Chinese goods, which Beijing has already said it will retaliate against.
In late August, (USDA) released details of rumored payments to farmers to offset market losses from the various trade wars currently underway. The payments are based on actual 2018 production, but only half, 50%.
The U.S. has so far imposed tariffs on $50 billion in Chinese goods, with Beijing retaliating in kind. Now, President Trump appears ready to up the ante to $200 billion.
Red meat exports in the first half of 2018 were a cause of celebration for U.S. livestock producers—and kept prices afloat during expansion.
Navigating NAFTA 2.0 progress has been a game of “wait and see.” Now, leaders from both Mexico and the United States say they may be ready to strike a deal without Canada.
News that one of the top U.S. tractor companies is dropping made-in-China products should be music to the Trump administration’s ears -- except for the fact that it’s replacing them with machines made in Brazil.