The war rages on, but Ukraine is already looking ahead to the task of rebuilding the country, and a new estimate from the Kyiv School of Economics indicates the agriculture sector has already suffered $27.6 billion in damages.
The USDA announced Tuesday a large export grain sale of 1.156 million metric tons of U.S. corn to China for delivery in the 2020-21 marketing year, showing that the massive Chinese demand so far in the 2020-21 marketing year continues to be robust.
Mexico is irreplaceable as a foreign market that buys billions of dollars of milk, ham, rice, potatoes and corn, so farm groups are alarmed by President Donald Trump’s renewed threats to shut down the southern border.
Agriculture Secretary Sonny Perdue likes to tell people that he’s a “grow it and sell it kind of guy” who is always on the lookout for opportunities to do so. Increasingly, that means understanding world population and demand growth – outside of U.S. borders.
Some 66 commodity groups and trade organizations will be dividing nearly $174 million to promote their products overseas under Market Access Program (MAP) allocations announced by USDA’s Foreign Agricultural Service for the 2018 fiscal year.