china

Oil prices have held steady for the past couple of months, thanks to economic news that seems to balance itself out; for everyone one story pushing oil prices up, we get another pulling those prices down.  However, things have changed to start this week, with oil prices moving up to the mid-$60 range for the first time in weeks. Patrick ...

Exports of U.S. beef trended lower in April due in large part to obstacles in China.   “China we knew would have an off month in April. It was really the start of the disruption and the height of the tariffs, almost 150% tariffs on beef throughout April," said U.S. Meat Ex...

Senator Tom Cotton has introduced the Biothreat Prevention Act, legislation that would ban federal funding to any lab or university conducting agricultural research involving nationals from China, Russia, Iran, Cuba, Venezuela, or North Korea...

Tariffs put in place by President Trump will take a big bite out of U.S. deficit levels, reducing them by $2.5 trillion over the next decade and shrinking the size of the U.S. economy.  A Congressional Budget Office analysis shows that the deficit reduction is almost exactly the same size as the deficit addition that would result from the GOP’s “Big, Beautiful Bill.”   New Analysis ...

U.S. federal prosecutors have accused two Chinese nationals of smuggling a dangerous biological pathogen that had the potential to be used as an agricultural terrorism weapon into the United States for research.  On Tuesday, the U.S. Department of Justice identified the pathogen as Fusarium graminearum, a fungus it said was classified in scientific literature as a potential agroterrorism weapon. 

Oil prices moved higher in Monday’s trade, spurred primarily by OPEC’s recent announcement that it would increase production next month by over 400,000 barrels.  While that is a hefty increase, Patrick DeHaan with Gasbuddy.com said the announce...

A new sign of deteriorating relations between the U.S. and China happened on Monday as China accused the U.S. of violating the trade truce the countries signed last month.   According to an Axios article, China promised to take “resolute and forceful” steps.  The agreement ...

John Newton of Terrain, at last week’s U.S. Meat Export Federation Spring Conference told the audience that he is confident that the Trump Administration will get a Phase Two deal accomplished with China.   “I think it's going to happen. I don't know wh...

BJ Thurlby with Northwest Cherries talks about the impact tariffs and the trade war have had, and continues to have on the local industry.     If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail glenn.vaagen@townsqu...

Recent reports of some progress in trade negotiations between the U.S. and China may have caught some commodity analysts by surprise.  Initial reports showed China thought it was in a position of strength compared to the U.S.  Arlan Suderman, chief commodities economist with StoneX, said going into the tariff discussions, China appeared determined to hold out against the U.S.   “Right n... Read Mo