Tai Participates in Meeting with Asia Pacific Trade Partners

Over the weekend, U.S. Trade Representative Katherine Tai, met with Asia-Pacific trade ministers while also commenting on the U.S.-China trade relationship. Before the meeting, Tai said regarding trade with China, “It’s a relationship in trade that has been marked by significant imbalance — that is in terms of performance, but also in terms of opportunity […]

Meyer Does Not Expect Exports To Slow Anytime Soon

Since August prices for agricultural fees have risen considerably. Normally that reduces demand  and causes a retraction in export sales of Ag products. However, “we haven’t seen them back off the way you might have thought with these rising prices,” noted USDA Chief Economist, Seth Meyer. He said instead, it’s been an interesting time for […]

AFBF: China Is Closing The Phase One Trade Gap

Data shows China is closing the gap towards reaching the goal of purchases in the Phase One trade agreement. American Farm Bureau Federation Economist Veronica Nigh said according to numbers released in April of this year, exports bound for China are around $10 billion, which is roughly 25% of the 2021 goal of $40 billion. […]

Salmonsen: Despite Strong Export Numbers This Is No Time For US Ag To Get Complacent

The USDA is expecting 2021 to be a great year for U.S. Exports, projecting a record $164 billion worth of American exports this year. That’s up $28 billion year-over-year. American Farm Bureau trade adviser Dave Salmonsen said economic recovery from the pandemic and a key trade market, poised to be number one again, are driving […]

USDA Forecasts Record Farm Exports in FY 2021

The Department of Agriculture projects U.S. farm exports for 2021 at $164 billion, the highest on record. USDA announced its quarterly agricultural trade forecast this week. The results represent an increase of $28 billion, or 21%, from last fiscal year’s total, and a $7-billion increase from USDA’s previous 2021 forecast published in February. The annual […]

Focus On Fruit for 05/20/21

B.J. Thurlby, President of Northwest Cherry Growers, talks about marketing efforts and areas of focus in the year ahead. If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail [email protected]

Could 2021 Be The End Of The Road For TPA?

Trade Promotion Authority allows an Administration to speed trade deals through Congress without deal-killing amendments. TPA is close to expiring, and with no new trade deals in sight, there is a possibility TPA will expire. According to many in the Ag industry, TPA is the linchpin for getting U.S. trade deals approved, but with a […]

USDA: China Purchases More American Ag Products

The amount of American agriculture products purchased by China in the first half of fiscal year 2020 was fairly small.But as far as this year, USDA economist and trade tracker Dylan Russell said China has climbed to #1 in corn purchases and #2 for un-milled wheat. He added China has, of course, greatly expanded purchases […]

USMEF: Market Diversification The Key

March was a good month for American meat exports. According to the U.S. Meat Export Federation, beef and pork exports totaled just under $1.6 billion. When breaking down the numbers, beef exports set a single month record, with more than $800 million sent overseas in March of this year. Dan Halstrom, President and CEO of […]

Tai: Trade Deals Must Have Bipartisan Support

U.S. Trade Ambassador Katherine Tai says any new multilateral Asia Pacific trade deal for the Administration must be bipartisan, while a key bilateral deal with the U.K. may be complicated by continued turbulence in Northern Ireland. When speaking before the Senate Finance Committee recently, Tai said the Transpacific Partnership, from which the Trump administration withdrew, […]