U.S. Secretary of Agriculture Sonny Perdue has been on a whirlwind trip around Europe for the past several days, starting with meetings in London before participating in the G-7 ministerial, taking part in World Food Day in Rome and meeting Pope Francis yesterday, and concluding his trip today in Madrid. “It’s been a very productive trip,” said Perdue during a …
AFBF Endorses Farmers for Free Trade
American Farm Bureau Federation Zippy Duvall took part in a press conference this week to support Farmers for Free Trade, a bipartisan campaign to rebuild support for trade at the grassroots level. Farmers for Free Trade, led by former Senators Max Baucus and Richard Lugar, is a bipartisan, non-profit organization that informs, mobilizes and amplifies the voice of U.S. farmers …
USDA Trade Mission Heading to Brazil
A USDA Foreign Agriculture Service trade mission to São Paulo and Recife, Brazil, is underway this week with leaders from 24 U.S. agribusinesses and trade organizations looking to expand their agricultural exports and further develop their business relationships in Brazil. “Brazil holds significant untapped market potential for U.S. exporters,” said Mark Slupek, deputy administrator of the Office of Trade Programs …
CREAATE Act Would Promote Ag Exports
U.S. Senators Joni Ernst (R-Iowa), Angus King (I-Maine), Joe Donnelly (D-IN), and Susan Collins (R-ME) introduced bipartisan legislation this week that would increase funding to USDA’s export promotion programs. The Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act would double funding for two of the USDA’s most successful programs, the Market Access Program (MAP) and Foreign Market …
Iowa Makes $2.8B Grain Deal with Taiwan
A trade team from Taiwan visited Iowa last week and signed letters of intent to purchase $2.8 billion worth of U.S. grains over the next two years. The deal includes corn, soybeans, wheat, and the ethanol co-product distillers dried grain with solubles (DDGS). Iowa Corn Promotion Board (ICPB) Director Mark Heckman signed the letter of intent between ICPB and the …
U.S. Rice Production Finding New Markets
Greg Yielding of the U.S. Rice Producers Association says rice is looking good this year. He brought an outlook message to attendees of the recent Missouri Rice Council Field Day and says growers with good crops need to be deciding now if they’ll sell or wait at harvest time. Indicators point to a pretty tight market, he says. Whatever farmers …
Brazil Tweets Tariff Decision
A tweet from Brazilian Minister of Agriculture, Livestock and Supply Blairo Maggi late yesterday afternoon informed the world that Brazil’s foreign trade chamber has approved a 20 percent tariff on U.S. ethanol imports after a 600 million liter tariff rate quota. The Renewable Fuels Association (RFA), U.S. Grains Council (USGC) and Growth Energy issued a joint statement on the decision. …
Commerce Finds Unfairly Subsidized Biodiesel Exports
The preliminary determination of the U.S. Department of Commerce is that exporters of biodiesel from Argentina and Indonesia did receive “countervailable subsidies” and may allow for collection of retroactive duties. “The U.S. values its relationships with Argentina and Indonesia, but even friendly nations must play by the rules,” said Commerce Secretary Wilbur Ross. The department determined that both countries subsidized …
U.S. Grain Inspection – What to Expect
One of the breakout sessions during the 2017 U.S. Soy Global Trade Exchange provided an overview on how the soy and grain inspection system operated. This gave U.S. growers a better understanding of how their grain was managed once it left the farm and more importantly provided international buyers with the information needed to ensure they were getting a quality …
Nebraska Proudly Hosts #USSoyExchange
To kick off the 2017 U.S. Soy Global Trade Exchange, Nebraska Lieutenant Governor Mike Foley provided opening remarks to the international and domestic soybean audience. I was able to speak with the Lt. Governor who shared how proud the state is of its agricultural industry. He said, “It’s really the backbone of our economy. We like to grow things.” “It’s …