Articles tagged under: agriculture
USDA Provides Natural Disaster Funds
Published April 10, 2018
The U.S. Department of Agriculture is issuing $34 million to agriculture producers affected by natural disasters in 2017. This includes farmers and ranchers who experienced drought-related losses. The funds are made available through USDA’s Emergency Assistance for Livestock, Honeybees and…Buffer Penalty Change is Bothersome to Farmers
Published April 9, 2018
The Minnesota Board of Water and Soil Resources is proposing penalties for noncompliance with the state buffer law. Minnesota Soybean Growers Association Director of Public Affairs Joe Smentek says a change-up this late in the buffer game is bothersome. "When…A More Moderate Trade Tone
Published April 9, 2018
The rhetoric over trade and tariffs was in overdrive last week. On the Sunday talk shows, the Trump Administration took a more moderate approach. Treasury Secretary Steven Mnuchin was on CBS’s ‘Face the Nation’ and said the Trump Administration simply…Cramer Advocates for a Measured Approach
Published April 7, 2018
North Dakota Congressman Kevin Cramer says President Trump understands the short-term challenges to agriculture from this U.S.-China trade fight. “My advice has been to take a measured approach. While the initial volley is bombastic, as a means of negotiating, Trump…A Plan for Agriculture
Published April 6, 2018
President Trump wants Agriculture Secretary Sonny Perdue to implement a plan to protect farmers and agricultural interests hurt by Chinese tariffs. North Dakota Senator John Hoeven says this could happen through Commodity Credit Corporation funding. “To Secretary Perdue’s credit, he…A Political Move
Published April 4, 2018
According to North Dakota State University Extension Crops Economist and Marketing Specialist Frayne Olson, the market responded very quickly to China’s threat to impose retaliatory tariffs on soybean, corn and other commodities. “The list is a little bit fuzzy, but…Farmers Will Be Okay
Published April 4, 2018
Agriculture Secretary Sonny Perdue acknowledges the anxiety over the trade dispute between the U.S. and China. During a stop in Ohio, Perdue said farmers will be okay. "The president wanted me to ensure the farmers of America that they will…Deescalating the Trade Standoff
Published April 3, 2018
Virginia Tech professor of agricultural and applied economics Mary Marchant has focused her research efforts on Chinese markets for over a decade. Marchant says international trade theories predict when two or more countries impose tariffs, both countries lose. Right now,…Trade Dispute Gets Real
Published April 3, 2018
The trade dispute between the U.S. and China just got real. The Chinese announced a proposed 25 percent tariff on U.S. soybeans. China is the world’s largest soybean importer, representing a $14 billion market for the United States. This back-and-forth…