china

If Republicans take back a Congressional majority in November, Florida Representative Mike Waltz pledged that the House GOP would investigate the flow of Chinese money into the U.S. economy.  Waltz told Daily Mail that the steady encroachment not only poses a military threat but could also have wide-ranging impacts on the American economy.  Re...

President Biden’s pick to be the next Chief Ag Negotiator says, if confirmed, he’ll engage with China to step up its production of fertilizer ingredients as farm input costs here soar.  Doug McKalip speaking before the Senate Finance Committee Thursday said if confirmed, farm input inflation will be a top priority. “These are t...

Last week, Wisconsin Senator Tammy Baldwin and Chuck Grassley of Iowa introduced the Farmland Security Act.  The two say they effort is designed to increase scrutiny over foreign investments into America’s agricultural land.  The legislation would make sure that Congress can address the impacts of foreign investments on family farms, rural communities, and the domestic food supply. “This bipartisa

Red meat exports set volume and value records in the month of May.  Dan Halstrom, President and CEO of the U.S. Meat Export Federation said beef continues to put-up eye-popping numbers. “We exceeded $1 billion in value again, in the month of May to an all-time record high. Also reco...

Oil prices have moderated over the past couple of weeks, allowing fuel prices to flatten or even decrease.  West Texas Crude traded higher in Monday’s action, up by $2 per barrel, but remained below the $100 threshold at $96. So, why have oil prices, and fuel prices flattened over the past month? Patric...

Plans are in place for President Joe Biden and Chinese President Xi Jinping to meet by the end of the month as tensions increase over trade commitments, tariffs, and Taiwan.  The two leaders last spoke on a call four months ago, and the new call would come as the administration considers cutting import duties on Chinese goods to help reduce inflation pressures on American consumers. Reute... Read

While public agricultural research and development funding in the United States has trended downward in recent decades, several other major trading partners have increased their funding.  ERS reported Monday that China leads the world in agricultural research and development funding.  The Eur...

U.S. grain exports in-all-forms totaled 96 million metric tons during the first nine months of the current marketing year.  The exports to 145 countries are just under the total at the same point in the previous marketing year. Increased grain exports to Mexico, Canada, and Colombia helped to offset year-to-date losses in China and Japan. Tho...

After a slight volume decline last year, U.S. beef exports to Taiwan have returned for 2022.  The USMEF’s Joel Haggard, U.S. Meat Export Federation, Senior Vice President for the Asia Pacific said this increase started in 2021 when China was “really hitting on all cylinders”, but buyers in Taiwan that compete for the same cuts that China does, hesitated a little bit.  Haggard said the speculat...

A variety of political and economic factors, including the increased reliance on tariffs and ongoing tensions with China, have negatively impacted the growth of international trade in Washington over the past couple of years.  A new report released Tuesday by the Washington Council on International Trade, details the affect these factors have had on the state’s economy.  The repo...