USMEF: Despite Struggles Of 2020 Pork Exports To Japan Hold Signs Of Encouragement

During the U.S Meat Export Federation’s Strategic Planning conference in mid-November, USMEF Vice President of Marketing Jesse Austin provided pork producers with an update on two areas that are critical for success in Japan; chilled port and ground seasoned pork. Austin said through September, Japan’s imports of chilled America pork were slightly lower year over […]

Binger Becomes New USMEF Chair

U.S. Meat Export Federation has a new chair. Pat Binger of Wichita, KS started his yearlong term on November 13th at the conclusion of the USMEF Strategic Planning Conference. Binger comes to position with 32 years of experience at Cargill, the last 11 years he led the international business segment for the North America protein […]

Salmonsen Does Not Believe New China Trade Deal Will Hurt U.S. Ag

Will U.S. farmers be hurt by the world’s largest trade deal led by China and recently signed by 14 other Asian countries? American Farm Bureau trade adviser Dave Salmonsen believes American agriculture already benefits from deals with most of the Asian nations involved in the Regional Comprehensive Economic Partnership. He noted the RCEP, and the […]

International Issues Pushing Wheat Prices Higher

American wheat growers continue to see prices above last season, but will that continue much longer? USDA’s Outlook Board Chairman, Mark Jekanowski,  said one source of higher prices is lower projected wheat stock.  “Stocks are getting, you know, for wheat, relatively tight. There’s a six year low and that’s been supporting prices. Future prices have […]

China-Led Trade Pact Signed

The ink is officially dry on the Regional Comprehensive Economic Partnership, signed by China and 14 other nations over the weekend. The New York Times said the signing ceremony came about after eight years of talks leading up to one of the world’s largest regional free-trade agreements. While the pact is somewhat limited in scope, […]

European Union Puts Tariffs On U.S. Goods, Including Ag Products

The European Union said earlier this week it will impose tariffs on up to $4 billion worth of U.S. goods and services, including some agricultural imports. The move comes out of a dispute over U.S. assistance for Boeing, which is a bitter rival to Europe’s Airbus. European trade ministers agreed on the move a few […]

Despite Challenges, 2020 Hay Crop Looks Good

This year was a difficult year for the entire ag community, thanks primarily due to COVID-19. But for Washington hay growers, Mother Nature also made the past year challenging. Andrew Eddie, Vice President of the Washington state Hay Growers Association said mid-spring rains negatively impacted many first cuts across the area, and wildfire smoke presented […]

Predicting Ag Numbers Challenging Right Now

On Tuesday, the USDA will be out with their new domestic exports, stocks, and prices of current crops projections. Outlook Chairman, Mark Jekanowski, said it’s going to be hard for his group to pin it down given the dramatic market movements of late. “We’ve been selling a lot to China a lot of commodities, soybeans […]

CME Launches First Ever Water Futures

On September 17th, CME Group and Nasdaq announced plans to launch the first-ever water futures contract based on the Nasdaq Veles California Water Index. Farmers and ranchers know the importance of keeping an eye on grain and livestock futures markets. And, water scarcity is one of the biggest challenges we face in the 21st century. […]