EVENT: U.S. Grains Council’s Annual Membership Meeting
Highlights from the recent U.S. Grains Council (USGC) 21st International Marketing Conference and 64th Annual […]
Highlights from the recent U.S. Grains Council (USGC) 21st International Marketing Conference and 64th Annual […]
BEIJING, CHINA – Chinese grain production is expected to hit a new high this season, […]
Today’s guest is David Widmar who is an economist and co-founder of Agricultural Economic Insights […]
Today’s guest is Rep. Rick Crawford (AR-01) who is a member of the House Agriculture […]
WASHINGTON, DC – When looking at export growth for U.S. commodities, it’s convenient to focus […]
Today’s episode examines SCO coverage, ethanol exports, China’s red-hot red meat demand, trade, and the […]
AGRICULTURE TODAY PODCAST Today’s episode examines clean energy opportunities in rural America, farm bill, Chinese-American […]
WASHINGTON, DC – After spiking in March to historic levels, the U.S. goods and services […]
AGRIBUSINESS REPORT PODCAST – Guest: David Widmar is co-founder of Agricultural Economic Insights (www.AEI.ag), and […]
DENVER, CO – While U.S. beef exports have been red-hot on the grill this year, […]
WASHINGTON, DC – In reaction to the uncertainty in Eastern Europe, China booked its largest […]
WASHINGTON, DC – A bipartisan group of members from the Senate Finance Committee expressed concerns […]
AGRIBUSINESS REPORT PODCAST – Guest: Jon Devine is Senior Economist with Cotton Incorporated and talks […]
AGRIBUSINESS REPORT PODCAST – Guest: Dr. Darren Hudson is the Larry Combest Endowed Chair and […]
A persistent pandemic, monetary tightening in the U.S., and slowing growth in China will present the most significant headwinds for the global economy in 2022.
With Cuba officially joining China’s Belt and Road Initiative Energy project, the communist island nation that sits just 90 miles from Florida emphasizes the initiative’s relevance to overcome global challenges collectively.
The Chinese new year begins on February 1, 2022, and the last time the country celebrated the Year of the Tiger was 2010, the same year that China became the largest exporting country in the world and the number one global automaker.
As many industries in the United States continue to navigate the choppy waters of supply-chain disruptions, there are two more waves of potential concern on the horizon.
If projections from University of Missouri economists are correct, lower prices are coming for corn, soybeans, and hogs, but higher prices for cattle.
Concerns over demand-destruction due to the coronavirus pandemic and corresponding economic shutdown, are now giving way to worries over the global supply chain bottlenecks affecting almost every industry both in the United States and abroad.
Now with just four months left to go, it appears the Chinese will not be able to completely fulfill their commitments for buying U.S. agricultural goods as part of the Phase One agreement.
U.S. beef exports soared to another new value record in August, topping the $1 billion mark for the first time.
For the first time in ten years, U.S. cotton futures soared past the $1 mark on Tuesday, in part due to good export demand, especially from China.
An agreement signed 66 months ago by twelve countries, including the United States, might have originally been about trade but more than likely was far more valuable as a geopolitical move to give the U.S. a leg up on China in the Asian-Pacific region.
The popularity of U.S. beef around the globe is even more apparent according to the latest data released by USDA and compiled by the U.S. Meat Export Federation.
With just over five months remaining in the Phase One Trade Agreement, the Peterson Institute for International Economics says the negotiated purchase of agricultural products from American producers is under the commitment made by the Chinese.
What is the value of the Phase One Trade Agreement that the United States and China implemented almost 18 months ago?
As agricultural trade remains strong, commitments made during the Phase One Economic and Trade Agreement between the U.S. and China last year are still below the mark.
There may be some growing concern in regards to crop exports and foreign demand amid higher commodity prices.
According to AgAmerica Lending, the expectation for the Fiscal Year 2021 exports now sits at a record $164 billion, due in large part to increased purchases from China.
As we approach the 16 month anniversary of the signing of the Phase One Economic and Trade Agreement between the United States and China went into effect, the results are being interpreted in many ways.
With a weaker dollar, and supply concerns around the globe, U.S. grain exports of corn, barley and sorghum are projected to break the all-time export record this marketing season.
As China continues to ramp up its purchases of U.S. ag products to meet their Phase One trade agreement with the United States, some growers are experiencing higher prices for their raw commodities.
In 2020, U.S. agricultural exports to China totaled $26.4 billion, a $12.6 billion increase from 2019 and representing the largest market for American farmers and ranchers.
According to the Foreign Agriculture Service’s Weekly Export Sales Report, demand for U.S. sorghum from China is at its highest level in history.
The United States found an average of more than 200 shipments were denied between 2013 and 2019, while the European Union lost more than three times that amount every year.
Though Americans enjoy turkey, especially during the Thanksgiving and Christmas holiday season, exports provide producers with roughly 10 percent of market demand.
U.S. exports of cotton declined 3 percent in 2020 to $6 billion but remained the fifth-highest export value on record.
The Purdue University/CME Group Ag Economy Barometer rose 12 points in March to a reading of 177, marking the highest reading for the barometer since October 2020.
With a total 20 percent year-over-year gain ($1.6 billion), China imported $1.2 billion alone to become the third-largest customer for U.S. farmers.
Ag exports rebounded in 2020 with a 7 percent ($9 billion) increase from the previous year, according to data just released by the Foreign Agriculture Service.
Total U.S. agricultural exports in 2020 were nearly $146 billion, up almost 7 percent from 2019, and the second highest level on record after Calendar Year 2014.
According to the Foreign Agricultural Service, Vietnam’s success in controlling COVID-19 has allowed textile and garment companies to maintain their operations, despite short-term disruptions.
USDA’s Weekly Export Sales Report for the week ending March 25, 2021, produced a surprisingly large week of sales for pork thanks to China.
As the Phase One Trade Agreement between the United States and China concludes its first year, the Peterson Institute for International Economics says China’s purchases of all covered products are below the year-to-date target.
U.S. pork producers have been enjoying the increase in demand for pork over the past two years as China has been dealing with a loss of their domestic swine industry.
Expanded soybean exports, led in part by increased Chinese buying under the United States-China Phase One trade deal, are tightening the availability of U.S. soybeans the current marketing year which ends in August.
Not quite as planned: that might be the American’s response to the first face-to-face meeting between the United States and China.
Huge demand from China is driving prices for sorghum in the U.S. higher while lower input costs and exceptional drought tolerance are increasing grower demand.
January pork exports, in volume, slipped 9 percent in January compared to one year ago and export values fell 13 percent according to the latest data from USDA.
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