By just about any measure, more food is wasted in developed countries than developing countries, but when it comes to measuring impact, lost food can be absolutely tragic in countries like Nigeria where a lack of infrastructure and energy sources commonly wipes out crops, bankrupts farmers and steals food from the hungry.
The deal unveiled this week for Britain to exit the European Union would block U.S. plans to negotiate a free trade agreement with the U.K., preventing a new opening for American agricultural trade with the country, several British officials tell Agri-Pulse.
Farmers who were hit by hurricanes and wildfires last year can still sign up for significant financial assistance from the USDA, but time will run out Friday, Farm Service Administrator Richard Fordyce told Agri-Pulse in an interview.
The goal is for the U.S. and China to agree on a preliminary “framework” for a deal to end the countries’ trade hostilities when President Donald Trump and Chinese President Xi Jinping meet later this month as scheduled in Argentina at the G20 summit, U.S. Ambassador to China Terry Branstad told Agri-Pulse today.
Unless the U.S. and Japan move quickly in promised trade talks, American wheat farmers stand to take significant hits in exports thanks to the swiftly approaching start of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The deals struck by the U.S., Mexico and Canada in renegotiating the North American Free Trade Agreement promise new trading opportunities for U.S. farmers, but the Trump administration’s trade wars and the tariffs that go with them more than negate the potential gains, according to a new study presented today by the Farm Foundation.
The soybean market in the coming weeks will be focused on China and how it handles its massive demand for the oilseed while at the same time avoiding U.S. supplies facing a 25 percent tariff in the ongoing trade war with the Trump administration.