The goal is for the U.S. and China to agree on a preliminary “framework” for a deal to end the countries’ trade hostilities when President Donald Trump and Chinese President Xi Jinping meet later this month as scheduled in Argentina at the G20 summit, U.S. Ambassador to China Terry Branstad told Agri-Pulse today.
Declaring that dicamba "is a valuable pest control tool for America’s farmers,” EPA Acting Administrator Andrew Wheeler announced Wednesday, Oct. 31 the agency was extending by two years the conditional registration for the herbicide to be used "over the top" to control weeds in dicamba-resistant soybeans and cotton.
The soybean market in the coming weeks will be focused on China and how it handles its massive demand for the oilseed while at the same time avoiding U.S. supplies facing a 25 percent tariff in the ongoing trade war with the Trump administration.
Cotton growers are striking back against claims that they're getting better treatment from Washington than other commodities, releasing an analysis that says cotton's federal support this year will be lower than it was under previous farm programs.
The Trump administration today announced it is levying new tariffs on $200 billion worth of Chinese goods, escalating a trade war between the two countries that has hit the U.S. agriculture sector especially hard thanks to Chinese retaliation.
Curious about how USDA came up with the payment rates for farmers hurt by retaliatory tariffs resulting from the administration’s trade policies? The department today released the methodology it used to set those levels for the trade mitigation package it announced Sept. 4.