ag trade

Low Prices Hurting Ag Trade
Low Prices Hurting Ag Trade
Low Prices Hurting Ag Trade
We now have the complete U.S. Ag trade numbers for the first nine months of this fiscal year October through June and the central theme running through it all.   “The continued cooling of U.S export values, which is really tied to the bulk commodities," said USDA economist Bart Kenner.   His la...
USTR Sets Timing for Tariff Hikes
USTR Sets Timing for Tariff Hikes
USTR Sets Timing for Tariff Hikes
The Biden administration recently proposed tariff increases on goods entering the country from China.  The Office of the U.S. Trade Representative will make its final determination later this month.   In May, the administration announced plans to raise Section 301 tariff rates on select goods from China, including electric vehicles, solar cells, and semiconductors.  Supply Chain...
Kenner: Numbers Don't Show Whole Story Of Trade Deficit
Kenner: Numbers Don't Show Whole Story Of Trade Deficit
Kenner: Numbers Don't Show Whole Story Of Trade Deficit
U.S. agriculture is currently running a trade deficit of almost $19 billion and growing.  And while some say this reflects a weak noncompetitive American farm sector, one expert says that doesn’t tell the whole story.   “To look at the trade balance and say it's negative, so we're being outcompeted. It's, it's really oversim...
USDA Economist Not Worried About Potential Ag Trade Deficit
USDA Economist Not Worried About Potential Ag Trade Deficit
USDA Economist Not Worried About Potential Ag Trade Deficit
USDA is forecasting an agricultural trade deficit in 2023.  While deficits have happened in the past, the agency has never forecast one in advance until this year.  The agency says ag exports are projected to reach $190 billion next year, but imports are projected to rise to $199 billion.   Seth Meyer...
Taylor Sworn In as USDA Undersecretary
Taylor Sworn In as USDA Undersecretary
Taylor Sworn In as USDA Undersecretary
Ag Secretary Tom Vilsack said he is pleased that Alexis Taylor was finally sworn as the USDA’s Undersecretary for Trade and Foreign Agricultural Affairs.  Vilsack noted Taylor, the former Director of the Oregon Department of Agriculture, has a deep-rooted and impressive career working on matters related to agriculture, trade, and enhancing as many export opportunities as possible for America’s far
Bronaugh To Lead East Africa Agribusiness Trade Mission
Bronaugh To Lead East Africa Agribusiness Trade Mission
Bronaugh To Lead East Africa Agribusiness Trade Mission
Deputy Agriculture Secretary Jewel Bronaugh will lead a trade mission to Nairobi, Kenya, and Zanzibar, Tanzania, this week.  The trip is slated to wrap up Friday November 4th.  Representatives from 32 agribusiness and farm organizations will join Bronaugh on the trip.   ...

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