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Balanced Reporting. Trusted Insights.
Thursday, June 08, 2023
USDA Undersecretary for Trade and Foreign Agricultural Affairs Alexis Taylor is leaning strongly into trade missions as a way to promote domestic ag exports.
Mexican President Andrés Manuel López Obrador may have thought he was offering a reasonable compromise when he told U.S. Agriculture Secretary Tom Vilsack that Mexico would remain open to importing genetically modified feed corn, but American farmers don’t see it that way.
The Biden administration spent much of 2021 assessing the trade landscape left by the Trump administration, but the U.S. ag sector is looking for a new agenda in 2022 as uncertainties, concerns and opportunities lie ahead.
The problems farmers are having getting their products to international buyers are costing sales, cutting profits and threatening to sever precious relationships with foreign customers.
The growing trade relationship between the U.S. and Colombia is threatening to turn sour for U.S. dairy, and industry representatives are asking the Biden administration to step in.
The USDA’s Agricultural Marketing Service is acknowledging that it has a deal that satisfies the European Union’s demands for new import requirements on U.S. dairy.
U.S. dairy farmers and exporters are offering a united front against the latest trade threat out of Mexico – proposed new standards that could make it more difficult, and a lot more expensive, to ship hundreds of millions of dollars’ worth of cheese south of the border every year.
China, despite economic woes and its battle with COVID-19, is buying more foreign dairy this year, but the increased imports are doing far less for U.S. producers than the industry had hoped for after the “phase one” trade pact went into effect in February.
U.S. dry whey, a key component in swine feed, is just one of the 16 U.S. commodities the Chinese Finance Ministry will exclude from tariffs beginning Sept. 17, according to a Wednesday announcement.