China’s imports of U.S. agricultural commodities are rising steadily, but the pace is still well below where it needs to be for the Chinese to meet its first-year commitments under the “phase one” trade pact that went into force in February, according to data analyzed by Agri-Pulse.
President Donald Trump and former Vice President Joe Biden responded to a survey by American Farm Bureau Federation with sharply different policy priorities on issues vital to farmers, from farm programs to farm labor rules.
China has been ramping up its corn and soybean purchases in recent weeks, but USDA's latest trade data show Chinese imports through July this year are still below 2018 levels and are far from the pace needed to meet goals set in the “phase one” trade pact.
Farm bankruptcies have increased 8% over the last 12 months, but filings have slowed over the last 6 months as the COVID-19 pandemic disrupted the U.S. economy, a new American Farm Bureau Federation Market Intel report says.
As coronavirus cases rise across the country, ag economists expect producers could face headwinds such as volatility and uncertainty in demand for their products for the remainder of the year and into 2021.
Fast food giant Burger King launched a new social media campaign Tuesday to announce its plans to reduce methane emissions from cattle used to produce beef for their Whoppers, an effort that left many in production agriculture disappointed.