The possible loss of trade with Mexico and China could result in a $1.154/cwt loss to dairy farmers in the U.S. totaling $2.77 billion in annual losses.
Senator Jerry Moran (R-Kan.) said he assumes the Trump Administration would try to use U.S. farm bill legislation to shield the sector in a growing U.S.-China trade dispute.
On Wednesday, U.S. farmers got the news they had been fearing for months. China announced plans for retaliatory tariffs against American soybeans, the nation’s No. 2 crop. Farmers from across the Midwest comment.
Trade talks with China are set to kick back up next week in Washington, D.C. and Farm Journal Washington Correspondent Jim Wiesemeyer thinks there's a 98% the U.S. will see a trade deal soon.
President Donald Trump says he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, reports Jim Wiesemeyer of ProFarmer.
The largest dairy farm in Australia is owned by an investment firm in China, but the firm is going through instability after a mass resignation on the company’s board.
President Donald Trump signed off on a so-called phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation.
The White House announced after the markets closed Thursday that Trump had instructed the Office of the United States Trade Representative to consider whether $100 billion of additional tariffs would be appropriate.
Global feed production is at an all-time high. In the 2019 Global Feed Survey, Alltech estimates a 3% growth to 1.068 billion metric tons of feed produced.
President Donald Trump said he had a productive conversation with Chinese President Xi Jinping on trade and North Korea ahead of a highly anticipated meeting planned between the two leaders at the G-20 summit this month.
President Donald Trump said the U.S. won’t lower tariffs on steel and aluminum from Mexico and Canada unless the two countries agree to a revamped Nafta that’s fair to the U.S.
