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Shining Light on Farm & Food Policy for 20 Years.
Friday, April 26, 2024
USDA took a key step Thursday in rolling out its new $1.3 billion international trade initiative, the Regional Agricultural Promotion Program, and unveiled plans for trade missions next year to Vietnam, India, South Korea, Canada, Colombia and Morocco.
The Biden administration has made it clear it won't use the 14-nation Indo-Pacific Economic Framework for Prosperity to negotiate lower tariffs on American ag exports, but U.S. officials insist there are plenty of non-tariff trade barriers to be resolved, and U.S. farm groups’ hopes are high as talks continue this week in San Francisco during a seventh round of negotiations.
American Egg Board President Emily Metz is on a mission to expand the reach of U.S. farmers and processors across the globe and make international trade do for her industry what it’s done for dairy and pork – boost sales and profits.
The Agriculture Department reduced its fiscal 2023 forecast for U.S. ag exports to $190 billion, a $3.5 billion drop from the agency’s last estimate in August, largely reflecting weaker expectations for soybean sales.
Freezing the wage rate paid to farmworkers in the U.S. under the H-2A program “could encourage a faster expansion” of the program and may reduce the wages of the U.S. domestic workers who account for 90% of average employment on U.S. crop farms, the Economic Research Service said in a report released Tuesday.
The U.S. exported $177 billion worth of agricultural commodities in 2021, firmly besting the record in 2014 by about 15% and overshadowing 2020 totals by 18%, according to new data released by the Commerce Department.
