Posts in Trade
Agricultural Trade: Supporting U.S. Farms, Jobs and Communities

Agricultural trade plays a vital role in the American economy. It supports U.S. farmers while driving economic growth and job creation across the country. With more than 20% of U.S. agricultural production sold abroad, exports are a key part of this picture. On average, every dollar of agricultural exports generates $2.06 in additional economic activity within the United States.

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TradeAllie Shipley
Rice Market Is Global Rollercoaster

The global rice market in the last two years has been a rollercoaster driven mostly by India’s export restrictions and, since October of last year, by its massive rice crop. India’s production performance has been remarkable, breaking a new production record every year for the last ten years. 

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Rice, Tradedon molino
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