Articles tagged under: trade
Longer Timeline Expected to Resolve Key Trade Disputes
Published July 10, 2018
The U.S. – China dispute will continue longer-term. North Dakota Congressman Kevin Cramer tells RRFN it is a bigger challenge, but wouldn’t elaborate. That comes after a discussion with U.S. Trade Representative Robert Lighthizer. Cramer says the North American Free…Demand for U.S. Soybeans Remains
Published July 9, 2018
Zaner Group Ag Hedge Lead Ted Seifried says U.S. soybeans will move, maybe just not directly to China in the short term. "Brazil does not have much in the way of soybean carry over every year. They pretty much run themselves…Trade Gap Narrows
Published July 9, 2018
In May, the U.S. trade gap narrowed to its smallest point since October of 2016. The Commerce Department reports a trade deficit of $43 billion. That’s after hitting a ten-month high of $55 billion in February. Strong export business is…Satisfying China’s Demand
Published July 6, 2018
Agri-Pulse Deputy Managing Editor Spencer Chase is back from a trip to China. China is growing quickly and there is massive demand for food and food products, but it is not known if the U.S. will satisfy that demand. Chase…Brazil May Import U.S. Beans to Satisfy Global Demand
Published July 6, 2018
Brazil hasn’t been able to capitalize on the China-U.S. trade war in a big way yet. Brazilian agricultural consultant Kory Melby says soybeans are starting to move, but slowly because of the new truck freight rates. "It's been very difficult to…Establishing the Rules of the Trade Game
Published July 6, 2018
The U.S. slapped levies on $34 billion of China’s exports at midnight. China retaliated, but the markets already had this trade war factored in. Utterback Marketing President Bob Utterback says at least the U.S. now knows the rules of the…Perdue Remains Hopeful for NAFTA
Published July 6, 2018
Agriculture Secretary Sonny Perdue remains hopeful that a new North American Free Trade Agreement can soon be reached with Mexico. On his “Back to Our Roots” tour of the Pacific Northwest, Perdue told reporters the United States will likely get…China Could Cancel U.S. Soybean Shipments
Published July 6, 2018
As the world’s top soybean buyer, China has yet to take delivery of about 1.14 million metric tons of U.S. soybeans booked for the current marketing year. USDA reported that China recently resold 123,000 tons of committed deliveries to Bangladesh…U.S. Tariffs on China Take Effect
Published July 6, 2018
As expected, the U.S. slapped levies on $34 billion of China’s exports on Friday. This follows Beijing's decision to levy duties of the same value. In a statement, China’s Commerce Minister accused the U.S. of launching the largest trade war…