Articles Tagged with ''russia''

Fertilizer imports from Russia and Trinidad and Tobago are likely harming U.S. industries, according to a new finding released Friday by the International Trade Commission.

The American Farm Bureau Federation is sounding the alarm over potential duties on fertilizer imports from Russia and Trinidad and Tobago, two major suppliers being investigated by the U.S. government over claims of market-distorting subsidies.

The U.S. International Trade Commission ruled Thursday that U.S. phosphate fertilizer companies are “materially injured” by imports from Morocco and Russia, a decision that assures the Commerce Department will begin levying steep duties.

Brazil is the third largest wheat-importing country in the world, and while it’s already a strong customer of the U.S., representatives of American farmers say there’s plenty of room for more business as they continue a campaign to win over more Brazilian millers and bakers who make the country’s bread, cookies, cakes and pasta.

Farmers are paying more for the phosphate fertilizer they need as foreign and domestic producers fight for public opinion on whether the U.S. government should punish imports of the valuable crop production input with duties.

Lawmakers have their focus on impeachment for now, but Democratic leaders are likely to try to pivot quickly over the next weeks as President-elect Joe Biden takes office. Climate policy as well as immigration and tax reform will be on the agenda for the Senate.

The recent boom in commodity prices is likely to continue through 2021 and into 2022, with supplies historically low worldwide at the same time Chinese demand for animal feed is growing and a worsening drought grips Brazil and Argentina, according to a top ag economist.

Meat exporters’ scouts abroad describe plant-based meat substitutes as popular in spots, a curiosity or absent in others, and too pricey so far in most places.

President Trump has dominated all the press headlines in recent days.