Exports

Wheat markets were on alert Friday as traders assessed the impact of a major drone strike on Russia’s Black Sea port of Novorossiysk, a critical transit point for grain and crude oil exports,

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...

American farmers are facing a variety of challenges right now.  Tariffs are on and then off, then on again.  Prices for most commodities are down while input and labor costs are up.  Despite the headwinds, Chris Galen, senior vice president of member services and governance for the National Milk Producers Federation, said the dairy industry is doing fine.   “So far, so goo...

The USDA says export sales of corn, beans, and wheat all rose week-to-week during the seven days ending on March 27th.   Wheat sales jumped to 340,000 metric tons from 100,000 tons the prior week and were 40% higher than the four-week average.  Ec...

Foreign retaliation against American agriculture over President Trump’s tariffs was a key immediate concern at a Senate hearing on the farm economy.  Farm leaders had many concerns amid a farm economy in trouble, including the lack of a new farm bill, expiring tax breaks, labor shortages, and access to pesticides.  But perhaps n...

The latest U.S. red meat export numbers are out.  U.S. Meat Export Federation President and CEO Dan Halstrom, said October beef exports totaled 105,269 metric tons, up 1% year-over-year, while the value jumped 3% to $860.4 million.   “...

The latest U.S. red meat trade statistics are out, and September was a good month of U.S. beef exports.   "Almost 104,000 tons, up 5% - a pretty good month relative to some of the previous months of the year" said U.S. Meat Export Federation President and CEO Dan Halstrom. "Yo...

Last week, the 2018 Farm Bill extension expired, and while there is hope that a new Farm Bill can be passed during the upcoming lame duck session, there is concern in farm county that little if anything will be done during the remaining portion of 2024...

U.S. Department of Agriculture is allocating $300 million to 66 U.S. organizations, under the new Regional Agricultural Promotion Program (RAPP), to build demand for American food and farm exports in high-potential markets around the globe.

Over the weekend, the United Nations Secretary-General announced an extension of the Black Sea Grain Initiative.  The announcement came at the last minute as the agreement was set to expire.  The Initiative facilitates the safe navigation for the exports of grain and related foodstuffs and fertilizers, including ammonia, from designated Ukrainian seaports.  During ...