EU

The worldwide coronavirus outbreak is taking a toll on farm trade talks and trade flows. “I think you’ve seen over the last couple of months, shipments being slowed because of China. Of course, as we’re seeing this spread around the world, other countries will be affected. And, of course, ...

The CME Group physical trading floor will close due to the coronavirus. Much of today’s trade is done electronically. Trade on the floor will end at the close of Friday’s trading session, and all trading will take place on the GME Globex. CME Group ...

USDA Undersecretary Ted McKinney is always looking for additional trade opportuniteis for American producers. In fact, he was in Britain last month.  "When I arrived I was to meet the minister of Ag which would be my counterpart, the Undersecretary, that night he was elevated to the secretary so we had the change to be the first to meet the secretary. He ...

A top European Union trade official says Europe seriously wants a trade agreement with the United States. However, EU political leaders still won’t negotiate on significant agricultural policies. Bernd Lange is chair of the European Parliament’s Committee on International Trade. He was in ...

President Trump is turning up the heat on Brussels when it comes to trade discussions.  He’s set on taking down some trade barriers to so-called “chlorine chicken,” GMO crops, and other U.S. products that don’t fit into the EU’s strict food safety standards.  The two sides are still stuck on...

While 2019 was a challenging year for the farm economy, there were many positives in the world of trade.  An updated NAFTA, now known as USMCA, a bilateral trade deal with Japan and Phase One with China were all addressed.   Now, where does the U.S. go whe...

A Reuters report says the Mad Cow Disease outbreak in the 1990's will likely keep the European Union from easing its strict rules on food safety. That caution will likely continue even though President Trump is threatening to slap tariffs on car imports from the EU if the countries don’t start importing more U.S. fa...

Since deals with China, Japan and USMCA have been addressed, American Ag has turned its attention to the UK and EU for next-step trade deals.  The American Farm Bureau Federation said London and Brussels have already had words on the EU’s rules demands for the UK to formalize Brexit by the end of this year, possibly delaying a final UK-EU deal for months or longer.  AFBF tra...

It officially happened Friday, the United Kingdom is no longer a part of the European Union.  Now speculation grows on when the U.S. and the UK will begin negotiations on a trade agreement.   “In my mind that's a legitimate top 10 market for US agriculture so when the flag drops, we'll be off and running,” said Gregg Doud the chief Ag negotiator at USTR.  “With a discussion ...

Ag Secretary Sonny Perdue says the U.S. and European Union need to reset their trade relationship, especially in when it comes to products from the farm.  And he said that reset needs to take place in the next couple of weeks.   “We have to reconcile the $10-12 billion agricultural deficit with the EU. Our perspectiv...