The U.S. on Monday suspended a formal trade tie with Burma two months after a military coup and the arrest of the country’s elected leader, Aung San Suu Kyi, and others in her National League for Democracy party. The U.S. action comes after years of increasing agricultural trade with Burma amid warming relations between the two countries, but that progress is now threatened.
An Agri-Pulse analysis shows that the Trump administration's Coronavirus Food Assistance Program payments were distributed more widely than traditional forms of government assistance although larger farms continue to receive the big share of the money.
Brazil is the third largest wheat-importing country in the world, and while it’s already a strong customer of the U.S., representatives of American farmers say there’s plenty of room for more business as they continue a campaign to win over more Brazilian millers and bakers who make the country’s bread, cookies, cakes and pasta.
The Department of Agriculture expects U.S. farm exports to hit a record $157 billion for fiscal 2021, an increase of $21 billion over the year before, as the global economy recovers and China increases its already strong demand for U.S. corn, soybeans and meat.
USDA’s top climate adviser is trying to dispel concerns that the administration’s carbon spending will crowd out private investors. That’s a concern shared by some entities that are building private carbon credit markets.
Farmers are getting new options to cover differences in farming practices and crops, and many growers will be able for the first time this year to buy an endorsement to cover a portion of their deductibles.