Ag trade experts are working to assess how President Donald Trump's call for an end to preferential trade treatment for Hong Kong will impact American ag exports there, but say there appears to be no direct impact on the "phase one" trade deal with China.
Senate Majority Leader Mitch McConnell says the next big coronavirus relief bill, assuming there is one, would likely provide more funding for payments to farmers. But McConnell is clearly reluctant to include new spending for rural broadband or other infrastructure.
China is buying a lot more U.S. ag commodities and tearing down major import restrictions — just as it promised in the “phase one” trade deal — but the successes of the pact are being drowned out by growing animosity on both sides of the Pacific.
The desert locust, generally considered one of the most devastating pests in the world to agriculture, has been hitting farmers hard in the Horn of Africa as well as the Arabian Peninsula for six months, devouring crops and pasture. With COVID-19, the situation has gone from bad to worse.
Agriculture in Europe and the United States may be diverging even more sharply in coming years. The European Union has adopted a series of sweeping goals for slashing the use of pesticides, antibiotics and fertilizer – and converting at least 25% of EU agriculture to organic over the next decade.