Reading Time: 2 minutes U.S. agricultural imports now exceed exports and the deficit is expected to worsen, according to a study from the University of Illinois.
Tag Archives U.S. government
U.S. agricultural trade in a widening deficit, study shows
Farmers, traders ‘flying blind’ as U.S. shutdown blocks key crop data
Reading Time: 4 minutes U.S. data vital to global grain and soybean trading has gone dark during the country’s federal government shutdown, leaving commodity traders and farmers without crop production estimates, export sales data and market reports during the peak of the autumn harvest.
Trump bailout for trade-hit U.S. farmers expected this week
Reading Time: 2 minutes The Trump administration is expected to announce a plan as soon as Tuesday to bail out U.S. farmers stung by trade disputes and big harvests, with the initial outlay potentially totaling up to $15 billion (C$20.9 billion), according to sources familiar with the matter.
Bangladesh approves U.S. wheat imports, hoping to ease trade tensions
Reading Time: 2 minutes Bangladesh has approved the purchase of about 220,000 metric tons of U.S. wheat under a government-to-government deal aimed at easing trade tensions with Washington after import tariffs were imposed.
Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa
Reading Time: 2 minutes Globe and Mail article suggests U.S. dairy access to Canada is back as a topic of conversation in Ottawa
Under Trump, U.S. cedes its share of China’s beef market to Australia
Reading Time: 2 minutes Australian beef has replaced U.S. supply in China since President Donald Trump returned to the White House.
Trump tariffs could fund bailout for US farmers, agriculture secretary tells Financial Times
Reading Time: < 1 minute The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins.
USDA considering economic aid for farmers this fall, says secretary
Reading Time: < 1 minute The U.S. Department of Agriculture is working with Congress to evaluate whether economic aid might be needed for the nation’s farmers this fall amid trade disputes and record-high yields, Agriculture Secretary Brooke Rollins said on Monday.
U.S. biofuel plan would reallocate half or less of waived blending quotas, sources say
Reading Time: 2 minutes The White House is considering a plan that would require large oil refineries to cover around half or less of the biofuel blending requirements recently waived for smaller facilities, according to three sources familiar with the matter.
U.S. soybean farmers urge Trump to make purchase deal with China
Reading Time: < 1 minute U.S. soybean farmers urged President Donald Trump in a Tuesday letter to reach a trade deal with China that secures significant soybean purchase agreements, warning of dire long-term economic outcomes if the country continues to shun the U.S. crop.