U.S. Grain Exports Face Questions on Key Markets

Bree Baatz with Terrain says China appears to be on track to meet its 25 million metric ton goal, but “There’s this commitment of $17 billion of non-soybean goods that China is supposed to buy. Thus far, I’ve only seen a little sorghum sales. There hasn’t been any new crop corn or wheat, and I think the market is waiting for that. If we see some additional export sale activities, non-soybean-related to China, I think that will be supportive of prices as well.”

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TradeAllie Shipley
USDA Seeking Information From Farmers About Fertilizer ‘Cartel’ Practices

U.S. Department of Agriculture Deputy Secretary Stephen Vaden was in Iowa Friday, asking farmers from across the country to share their experiences dealing with consolidation and pricing issues in the fertilizer industry.

Vaden, who previously served as a judge on the U.S. Court of International Trade and as USDA’s general counsel, said the individual stories from farmers will help as the U.S. Federal Trade Commission investigates the industry for potential unfair pricing or anti-competitive practices.

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USDAAllie Shipley
USDA Looks to Strengthen U.S. Ag Trade with Venezuela

The Trump administration is continuing to take steps to help improve market access for U.S. producers in Latin America.

USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says the agency is helping provide humanitarian relief in Venezuela after two recent earthquakes. “The history they’ve had with our farmers and ranchers as a trading partner has been a bit of a sad story in the past decade or so. Once upon a time, Venezuela was once a top 10 ag export market for U.S. producers.”

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USDA, TradeAllie Shipley