Trade
The Meat Institute highlighted concerns over unfair trade practices that hinder industry growth.
While many farmers are comparing the current threats of tariffs and trade wars to the situation they endured in 2018, Joe Vaclavik believes this time will be better.
Additionally and specifically, Canadian potash imports into the U.S. will be subject to a reduced import tariff of 10%.
This marked the 15th month of the past 16 in which agricultural trade posted a deficit.
U.S. Meat Export Federation released a study this week showing pork exports accounted for more than 100 million bushels of soybean demand last year. For corn, 525 million bushels were consumed by the beef and pork exported in 2024.
Russia’s 2024-25 wheat exports are expected total 40.5 MMT.
Mexico’s president said on Tuesday the country will respond to U.S. tariffs with a 25% tariff on U.S. goods, but she will hold off announcing the targeted products until Sunday.
The deal includes two ports that have been under scrutiny as potential avenues for Chinese influence in the operation of the canal.
President Trump’s new tariffs on imports from Canada, Mexico and China have gone into effect. While the economic consequences are unknown, Secretary of Agriculture Brooke Rollins has promised to have a plan ready for farmers, if needed.
China retaliated swiftly on Tuesday with 10% to 15% retaliatory levies impacting $21 billion worth of U.S. agricultural and food products, moving the world’s top two economies a step closer toward an all-out trade war.
Under the direction of Secretary of Agriculture Brooke Rollins, USDA is ready to roll out a number of programs that have been on hold pending review, and she’s pushing Congress to get to work on finishing a new farm bill.
While Canada and Mexico have taken measures to address U.S. concerns, China’s response remains muted, potentially setting the stage for further trade tensions.
U.S. agricultural import and export projections for fiscal year 2025.
President Trump says tariffs on goods from Canada and Mexico will now take effect on April 2, 2025.
The look at corn and soybean acreage under current conditions will be among the key focal points during the event, but it will also be key to see how USDA paints an export outlook with so much uncertainty surrounding tariffs and trade.
Trump said Monday that his planned 25% tariffs on all Mexican and Canadian exports to the U.S. “are going ahead on time, on schedule,” meaning the duties would take effect on March 4 at the conclusion of a one-month suspension.
Arguing about the canal is a distraction. The canal works well and serves our interests. It’s time to pursue authentic trade opportunities.
As tariffs and trade wars continue to make headlines, veteran trade negotiator Gregg Doud feels somewhat optimistic about a possible new deal with one of America’s leading markets — China. He explains why on the latest episode of Unscripted.
More Canadian businesses consider shifting their operations in response to President Trump’s tariff threats.
Since being confirmed on Feb. 13, Secretary Rollins has been in the Washington D.C., USDA office for a few hours. Most of her time has been spent visiting farmers, ranchers and ag businesses in Kentucky, Kansas and at Top Producer Summit.
Secretary of Agriculture Brooke Rollins kicked off the 2025 Top Producer Summit on Tuesday morning, detailing her plan to advocate for trade. ‘We want to find market access for all our products,’ Rollins said.
Farm machinery companies are betting on ag tech, precision technology retrofits and digital solutions to help farmers weather uncertainty.
What we need for the long-term are sensible and predictable policies that allow farmers and other business leaders who rely on international commerce to make plans for growth and prosperity in the 21st century.
These customized levies, expected to be finalized by April, are designed to rebalance trade relationships and target unfair practices, including subsidies, regulations, and exchange rate manipulation.
A majority of Argentines support President Javier Milei’s plan to pursue a free trade agreement with the U.S.
The measures, effective March 12, eliminate country-specific exemptions and extend to downstream steel and aluminum products, affecting key suppliers such as Canada, Mexico, Brazil, and South Korea.
The only thing harder than keeping up with the velocity of news from Washington D.C. is figuring out what it means for the future. On the latest episode of Unscripted, long-time ag economist Dan Basse provides insights into what we can expect.
The Senate Ag Committee hearing on the economic situation for U.S. agriculture highlighted significant concerns about potential tariffs and their impact on the farming sector.
This marks a shift from Trump’s first term.