The Washington offices of the U.S. Trade Representative are buzzing as collaboration with China over the “phase one” deal continues and final preparations are made for the launch of the U.S.-Mexico-Canada Agreement, but Chief Agricultural Negotiator Gregg Doud said he expects both deals will lead to increased sales of U.S. farm products.
Agricultural shippers who use one of America's inland waterways to move grain, fertilizer, chemicals, and other products through the nation's midsection say they are ready for lock and dam project closures this summer.
Former National Security Advisor John Bolton is accusing President Donald Trump of asking Chinese President Xi Jinping to help Trump get reelected by agreeing to increase purchase of U.S. soybeans and other farm commodities.
EPA defended its decision to allow use of existing stocks of three dicamba herbicides, saying in a court filing that it has taken "responsible steps to avoid unregulated and inappropriate use of existing stocks."
Ahead of a pair of congressional hearings, farm groups and agribusiness interests are urging President Donald Trump to give the Chinese time to fulfill their promises to increase purchases of U.S. agricultural commodities.
Chinese importers purchased enough U.S. soybeans this week to fill 11 Panamax-sized ships, signaling that the country is counting on the upcoming U.S. harvest to fulfill its needs in the final five months of the calendar year. The buyers are likely state-owned companies such as COFCO of Sinograin.
The Department of Agriculture slightly raised 2020/21 beginning and ending corn stocks in the World Agricultural Supply and Demand Estimates (WASDE) report released Thursday, but traders showed little reaction.
Chinese importers closed contracts to buy 720,000 metric tons of U.S. soybeans – most of it for new crop – according to a USDA announcement Thursday, signaling the country is calculating the growing tightness of Brazilian supplies and locking in deliveries past September.