Posts in Trade
President Trump Secures Trade Win for America’s Cattle Producers

Today, the National Cattlemen’s Beef Association (NCBA) announced support for President Donald Trump’s trade agreement-in-principle with the United Kingdom (U.K.). Most importantly, the agreement includes market access for beef. This announcement follows years of NCBA’s hard work building the foundation for a trade deal with the U.K., including numerous meetings with British industry stakeholders, Members of Parliament, the British Embassy, the U.K. Department for Environment, Food and Rural Affairs, and other top British authorities.

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Farmers Back U.S. Efforts to Rebalance Trade With China Despite Economic Hardship

While 56% of farmers say they believe the ongoing trade disputes with China and other countries will hurt them financially this year, 70% say they believe the U.S. and agriculture specifically will benefit in the long-term. Willing to endure short-term pain for long-term gain might best describe U.S. farmers’ current sentiment regarding ongoing trade and tariff troubles with China and other countries.

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Tradekristen oaks
President Trump References Protectionist Rice Tariffs in Executive Order Announcement, Targets Several Key Bad Actors for Reciprocal Tariffs

Wednesday, President Trump announced that he’s invoking his authority under the International Emergency Economic Powers Act of 1977 and signing an Executive Order imposing reciprocal tariffs on nearly every country across the world. The Executive Order finds that underlying conditions, including both tariff and non-tariff barriers of foreign trading partners, have caused a threat to the national security and economy of the United States. 

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Rice, Tradedon molino
USDA Export Report: Corn Exports Steady, Wheat Disappoints

USDA’s latest export sales report, out Thursday morning and covering the week through March 20, didn’t have a lot of bullish data for traders to digest. Corn volume bested other grains, but sales were down 31% week-over-week and only made it to the middle of trade guesses. Soybean sales were lackluster, meantime, and wheat sales were largely disappointing.

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TradeAllie Shipley
New Trade War May Hurt Louisiana Farmers With Higher Tariffs

Economists say America is in a new trade war with countries like China, Canada and Mexico. Tariffs and retaliatory tariffs play a big part in that, and Louisiana farmers could be impacted.

Donald Schexnayder and his brothers have been farmers in Erwinville for more than 40 years. They grow a variety of crops, including soy, corn, and wheat. Factors like weather and market fluctuations can make farming less predictable than other industries.

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TradeAllie Shipley
Proposed Fees on Ocean Carriers Could Hurt Farmers

A proposal from the U.S. Trade Representative (USTR) to impose new fees on ocean carriers with ties to China could take a major toll on America’s farmers and ranchers. Two-thirds of all agriculture exports by volume are shipped overseas, and the cost of transporting them to international trading partners could increase dramatically.

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TradeAllie Shipley
Why America's Farmers Are So Eagerly Seeking An Exception To Trump's Second Round Of Trade Wars

America's farmers are once again at the center of global trade tensions after Donald Trump's implementation of new tariffs was met with countermoves from China and Canada that could raise food prices and impact rural economies.

The potential economic pain ahead has led to exception requests from the agriculture sector, with some signs Thursday that the Trump administration could be weighing exemptions for certain agricultural products from new tariffs on Canada and Mexico.

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Tradedon molino