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Balanced Reporting. Trusted Insights.
Friday, September 29, 2023
Drought, low prices, supply chain disruptions have been plaguing California’s walnut farmers for years and a heat wave during last year’s harvest scorched the state’s groves, but ideal weather so far this year has the sector optimistic that growers are going to see their fortunes change.
Japanese consumers are seeking high-quality agricultural products, and more than 40 U.S. agricultural businesses and 11 state departments of agriculture had the opportunity to build key relationships during a USDA agricultural trade mission this week.
The Japanese tariff on U.S. beef has dropped gradually from 38.5% in 2019 to 23.3% this year as a result of the three-year-old U.S.-Japan Trade Agreement, a prime example of the kind of free trade agreement the U.S. ag sector and some lawmakers say they want to see replicated.
The U.S. is going to be able to export a lot more ethanol to Japan if the country implements a new federal rule published by the country’s Ministry of Economy, Trade, and Industry, according to statements released Friday by the Office of the U.S. Trade Representative and U.S. lobbying groups.
Russia’s repeated claims that the Black Sea Grain Initiative only helps wealthy nations have kept Ukraine on the defensive for months. Now, Ukraine is trying to flip the script on Moscow, with support from the U.S., United Nations, Japan, France, Norway and other countries.
