Markets Articles
Trade Deals Responsible for Beef Export Story
Published March 25, 2022
University of Nebraska Assistant Professor of Livestock Marketing Elliot Dennis credits trade agreements for the strong U.S. meat exports. "To put that into perspective, the U.S. hardly shipped any beef to China prior to 2019. China is now our third…Preparing for Spring Planting in a War Zone
Published March 25, 2022
Like most farmers, Nick Gordichuk is dealing with crop input shortages and tight margins this spring. However, he’s doing it in a war zone. Gordichuk farms less than 100 miles north of Kiev, where he raises winter wheat, corn and…Food Security Concern
Published March 25, 2022
After a meeting with NATO leaders, President Joe Biden linked the Russian-Ukrainian war to a possible food security crisis. "Yes, we did talk about food shortages and it's going be real. The price of these sanctions is not just imposed…Trade Resumes Following Potato Disease in PEI
Published March 25, 2022
USDA will allow imports of table stock potatoes from Canada’s Prince Edward Island. In November, Canada voluntarily suspended exports from the region due to the detection of potato wart disease. Canada is implementing new standards to reduce the risk of…Egypt Considers New Wheat Import Options
Published March 25, 2022
Faced with trade disruptions out of the Black Sea Region, Egypt is considering wheat import options from the United States, Argentina, India and France. The Egyptian supply minister said there’s no immediate need, but they are preparing backup plans. Egypt…State Exports Rebound to $24 Billion in 2021
Published March 24, 2022
Minnesota exports of agricultural, mining, and manufactured products rebounded from 2020, with an increase of 17 percent to $24 billion in 2021. According to a report by the Minnesota Department of Employment and Economic Development, not only did exports recover…JBS Earns Over $1 Billion in Q4
Published March 24, 2022
JBS earned $1.31 billion in the final quarter of 2021. The meat packer had revenue growth of five percent from the same quarter a year ago. Beef exports to China pushed JBS’s revenue past previous records.U.S. and Japan Reach Deal on Beef Safeguard Triggers
Published March 24, 2022
Japan’s safeguard mechanism on U.S. beef has been changed, increasing market access for the United States. The U.S. Ambassador to Japan Rahm Emanuel said this is a win for American ranchers and Japanese consumers. The timeline for implementation is not…Brazilian Ag Shipments Delayed
Published March 23, 2022
A protest by tax collectors at the Santos port in Sao Paulo, Brazil is delaying activity for agricultural shipments. Federal inspectors cannot complete their work until the tax collectors have cleared each shipment. That delays payments for major grain companies,…