Prices for many commodities have risen sharply to levels not seen in several years. But the president of the nation’s largest farm group, the American Farm Bureau Federation, isn’t ruling out seeking additional federal relief in 2021.
Philip Seng, former president and CEO of the U.S. Meat Export Federation, has been presented Japan’s Order of the Rising Sun, which is awarded to people who have made distinguished achievements in international relations and other fields.
U.S. pork exports continue to break records, buoyed by unprecedented demand from China, where African swine fever decimated production, but American producers are preparing to adapt as the country quickly rebuilds its herd.
The Senate is officially out of action until Oct. 19, but House Speaker Nancy Pelosi, D-Calif., says negotiations on a potential coronavirus relief package will continue today. “We’re having our conversations,” she told reporters on Monday.
As the spread of COVID-19 in April slowed meat processing facilities and important Latin American trading partners lost purchasing power, U.S. beef exports fell below last year's totals and pork exports grew at a slower rate than in the first quarter.
Expectations for U.S. beef exports to China this year are being tempered by the COVID-19 pandemic, but shipments have already begun and they’re expected to continue strong despite the spread of the virus.
In a wide-ranging year-end interview, USTR Chief Agricultural Negotiator Gregg Doud offered more details about the "Phase One" deal with China, a long list of export accomplishments, and what to expect on trade in 2020.