COVID-19 relief legislation took top priority for the Biden Administration’s first two months, but as stimulus programs begin to take effect President Biden and Congress will turn to other issues.
Trade could be a key topic for U.S. agriculture. How will the new administration and a power change in Congress affect trade deals?
Read MoreChina is once again the U.S.’s chief customer for agricultural goods, three years after the start of a bruising trade war that prompted American farmers to try to wean themselves off their biggest market.
Following a cease-fire between the world’s two largest economies last year, U.S. farmers are shipping record volumes of crops and meat across the Pacific. The surging agricultural exports are helping power a turnaround in the U.S. farm economy, lifting commodity prices and profits for agribusinesses, and fueling expectations that farmers will devote more land than ever for some crops.
Read MoreThe Biden administration will review all national security measures put in place by former President Donald Trump, including the U.S.-China phase one trade deal signed January 2020, White House Press Secretary Jen Psaki made in comments Friday.
Read MoreFarmers for Free Trade says that it does not expect the administration to immediately lift tariffs but members are hopeful to see a gradual thaw of some of the global relationships over the next couple of years. The group is also advocating for a return of side stepped agreements.
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