USDA: No Stone Left Unturned When It Comes To Trade Markets

While much of the attention of the farm community, and the world really, was on coronavirus, trade took place over the past year. And specifically Ag trade. Much of that focus over the past 12 months was on new trade agreements between the U.S. and major export customers such as Mexico, Canada, Japan and China. […]

While Short Of Expectations, USDA Encouraged About Phase One

“I believe it will be a real bonanza for America’s farmers, ranchers, and producers,” Ag Secretary Sonny Perdue said back in January 2020, at the signing of the Phase One trade agreement with China. Under that agreement, China agreed to purchase roughly $34 billion dollars worth of American  Ag products during the first year of […]

China will Miss Phase One Buying Deadline

China is a long way from meeting the commitments in its trade deal with the U.S. According to calculations made by Bloomberg, in the first 11 months of the year, China imported just over half the goods it promised to buy from the United States in the Phase One Trade Agreement; the 2020 target was […]

AFBF: Phase One A Win For American Ag

The American Farm Bureau Federation says Phase One of the trade deal with China has been a success. Farm Bureau Senior Congressional Relations Director Dave Salmonsen disputes some media and social media claims that Phase One, which is still short of annual targets, is a “failure”. “Oh, absolutely not. I think you have to look […]

What Is China Purchasing?

USDA  Undersecretary Ted McKinney recently addressed the Phase One trade agreement with China, and where he sees it going into the future. “Phase One is a two year agreement and even though the federal government just started its new fiscal year on October one, the purchases through and including December 31st is what counts for […]

USDA: More American Products Bound For China

When taking a look at the first eleven months of the 2020 fiscal year, China has purchased $14.2 billion worth of American ag products. That October through August window is 52% higher than what was reported in 2019. USDA economist and trade tracker, Bart Kenner, said of that $14 billion, a little under $5.5 billion […]

Newhouse Optimistic About Future With China Following Meeting With Doud

Greg Doud with the U.S Trade Representative’s office recently made a trip through Washington, talking about the state’s Ag community and what can be done to encourage more trade into the future. Central Washington Representative Dan Newhouse met with the Ambassador during his stop in Ritzville. The two talked not only about USMCA, Japan, ongoing […]

WTO Rules Against U.S. Sanctions on China

U.S. Trade Representative Robert Lighthizer says he’s unhappy with a World Trade Organization report that said U.S. actions to combat China’s widespread theft of American technology were inconsistent with WTO rules. Lighthizer said the WTO panel report confirms what the Trump Administration has been saying all along. “The WTO is completely inadequate to stop China’s […]

AFBF: China Is Purchasing More, But Not To Expected Levels

Last week, the USDA updated trade data tracking export sales to China. American Farm Bureau Federation Economist Veronica Nigh said China has increased purchases of U.S. farm products, but is not on pace to reach commitments made in the Phase 1 trade agreement. “Certainly, China’s picking up the pace on their purchases just as we […]