Trade

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The Trump administration is claiming success in the “phase one” trade deal with China with a new report released less than two weeks before the presidential election.

With COVID-19 disrupting millions of lives and the ability to process protein, thousands of pork producers were forced to pivot to an unprecedented new reality in 2020. But as producers worked their way through all of the volatility, one thing became clear: international exports became even more important to producer profitability.

Another large Chinese purchase of U.S. corn announced Wednesday by USDA shows the country’s recent surge in buying continues as it rebuilds its swine herd and grows its poultry sector.

Pilgrim’s Pride has agreed to pay a $110.5 million fine to resolve charges of price-fixing of broiler chickens, the company announced.

Vice presidential candidates Mike Pence and Kamala Harris drew a clear line Wednesday night on the U.S.-China trade war with Pence conveying a position of strength and Harris decrying the damage done to American farmers and manufacturers.