Imports and Exports
Landmark deals demonstrate that America can maintain tariffs to shrink the goods trade deficit while opening new markets for U.S. farmers, says Ambassador Jamieson Greer.
Beijing’s refusal to buy American and its pivot to Brazil could be less about economics and more to do with politics. “It’s a calculated decision about control and national leverage, not about getting the cheapest beans,” says one ag economist.
Third-generation farmer Amy France and team at NSP are on a mission to improve buyer demand for the crop domestically and abroad.
The Farm Journal September Ag Economists’ Monthly Monitor makes it clear: Working capital is thinning, export markets are shaky and long-term crop margins could get ugly. But for now, one thing is still keeping its strength: Americans’ appetite for beef.
Farm Journal’s September Ag Economists’ Monthly Monitor found nearly half of the ag economists surveyed say the U.S. ag economy is worse off than a month ago and will remain depressed or even worsen over the next 12 months.
China’s July pork shipments from the U.S. plummeted 62.2% from year-ago.
That said, sales of most commodities were in line with expectations and the only net sales reduction was for soyoil.