Agriculture Secretary Sonny Perdue confirmed Friday that USDA, at the request of the White House, is working to put together a second aid package for farmers to make up for losses from Chinese tariffs.
Trade and farm bill implementation were hot topics at last week's Commodity Classic in Orlando, but voting delegates for major commodity groups also threw in health care and infrastructure debates for good measure.
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).
Chinese importers have already stopped buying U.S. wheat, soybean purchases are expected to drop even further, and the U.S. ag sector is expecting the financial pain to increase exponentially as long as the Trump administration persists in a trade war with China.
California cannot require companies to place warning labels on glyphosate products, a federal judge affirmed in a ruling issued Tuesday that questions the benefits of Proposition 65, which is meant to inform the state’s residents about cancer-causing chemicals.
Prospects for U.S. farm exports can change suddenly and dramatically. Breaking into foreign markets takes decades of persistent hard work and hefty investments in building infrastructure, relationships and, ultimately, sales.