The November USDA World Agricultural Supply and Demand Estimates (WASDE) has been rescheduled for release from Monday, Nov. 10, to Friday, Nov. 14. This will be the first update to U.S. and global supplies since Sept. 12.
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The co-director of the Ag and Food Policy Center at Texas A&M says U.S. farmers still need federal assistance despite last week’s new trade framework between the U.S. and China.
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The Trump administration plans to roll out an initial payment of up to $12 billion for farmers hurt by the president’s tariff policies once the government shutdown ends, according to three people familiar with the matter. The finalized amount will come on top of President Donald Trump’s recently announced truce with China, which could also give some relief to U.S. producers of soybeans, sorghum and meat.
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Last week in the Republic of Korea, President Donald J. Trump reached a trade and economic deal with President Xi Jinping of China—a massive victory that safeguards U.S. economic strength and national security while putting American workers, farmers, and families first.
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American farmers welcomed China's promise to buy some of their soybeans, but they cautioned this won't solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds.
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China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.
As the two nations battle over trade tariffs, the lack of Chinese buying has cost U.S. farmers billions of dollars in lost sales, after they largely supported Trump in his campaigns for president.
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Over the weekend, President Donald Trump announced trade pacts with Malaysia and Cambodia during a trip to southeast Asia. He also provided new details on potential Thailand and Vietnam deals.
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Treasury Secretary Scott Bessent said Sunday the U.S. and China have agreed on the “substantial framework” of a trade deal that will benefit American farmers and resolve other key issues.
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Willis Nelson, a third-generation farmer in eastern Louisiana, was hoping to avoid the worst.
The 38-year-old farms 4,000 acres in Sondheimer with his brothers and father. They grow row crops such as corn, cotton, and soybean, which are the leading U.S. agricultural exports that are sold to a global market.
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Reuters' Ella Cao and Lewis Jackson reported that "China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero, while South American shipments surged from a year earlier, as buyers shunned American cargoes during the ongoing trade dispute between the world's two largest economies."
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Farm economists say today’s ag slowdown “isn’t a collapse, but it’s a grind.” From trade woes to rising costs and consolidation, experts warn recovery could take time, even as livestock markets stay strong.
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US representatives today in Havana highlighted their mutual interest in strengthening exchanges. Especially in the agricultural sector, during a new edition of the Cuba-US Agricultural Conference.
According to Paul Johnson, president of the Agricultural Coalition between the two nations. Bilateral cooperation shows concrete potential in strategic sectors such as agriculture, scientific research, and trade.
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For American agriculture, trade is not just policy; it’s an economic necessity.
U.S. farmers, ranchers, and workers in the agriculture supply chain depend on global markets to stay competitive, grow their operations, and support millions of jobs across America’s heartland. Approximately 20 percent of all U.S. agriculture production is exported each year, making access to international agriculture markets a cornerstone of economic health.
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Canada is committed to advancing the common economic interests of the three signatories to the United States-Mexico-Canada Agreement, a pact that strengthens all of North America, said Donald Boucher, director, general sector development and analysis, Agriculture and Agri-Food Canada (AAFC), Ottawa.
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U.S. President Donald Trump said he was considering terminating some trade ties with China, singling out cooking oil even though traders and analysts said such shipments have already spent the past year plummeting.
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