Shining Light on Farm & Food Policy for 20 Years. Saturday, April 20, 2024

Items Tagged with 'china'

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USDA cuts FY23 ag export forecast

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.
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Richard Neal

Hearing shows bipartisan agreement on need for US pact with Taiwan

Bipartisan agreement on the need for the U.S. and Taiwan to strengthen ties through a trade pact was on display Wednesday at a House Ways and Means Committee hearing, although Republican lawmakers were mostly critical of the Biden administration’s decision not to negotiate a traditional free trade agreement that requires approval from Congress.
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Soybeans

Strong demand shows promise for new US soybean crop

The 2022-23 soybean marketing year starts officially on Thursday, and signs indicate exports will get off to a strong start. USDA data shows China is buying heavily, but marketing and education efforts by U.S. farm groups are paying off as demand is also growing in places like Egypt.
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USTR defends China tariffs as leverage

U.S. Trade Representative Katherine Tai argued against lifting tariffs on hundreds of billions of dollars’ worth of Chinese goods Wednesday, saying it would not do much to ease inflation and would remove key leverage she has in negotiations with China.
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