Shining Light on Farm & Food Policy for 20 Years. Thursday, May 16, 2024

Trade

Richard Neal

House Dems to volley USMCA proposals back at USTR

House Democrats are poring over a letter from U.S. Trade Representative Robert Lighthizer on proposed fixes for the U.S.-Mexico-Canada Agreement, and House Ways and Means Committee Chairman Richard Neal said Thursday he’s preparing a response to send back Thursday or Friday.
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Corn field

USDA lowers corn, soybean yield estimates

USDA’s National Agricultural Statistics Service lowered its production estimates for corn, soybeans and cotton, bumping corn down to 13.8 billion bushels and soybeans to 3.63 billion bushels, which each represent 1% declines from the August estimate.
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Trump and Xi Jinping

New US-China talks follow 17 months of chaos

The trade war between the U.S. and China could go on for months or years, according to erratic statements from the White House, but for the first time in weeks, there is renewed optimism because China has agreed to new negotiations.
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