After months of raising eyebrows and lowering grain prices amid an escalating trade war with a host of global trade partners, President Donald Trump has racked up a number of trade wins in recent days, finalizing deals with Canada, Mexico…
The pork outlook looked bleak in August. Fear of large pork supplies and Mexican and Chinese tariffs on U.S. pork exports appeared disastrous to hog prices. At that time, my forecast was for losses of $40 or more per head…
China’s Ministry of Agriculture says it will lift restrictions in the two regions where the first and second African Swine Fever outbreaks occurred. Monday, China’s Ministry of Agriculture says it will lift restrictions on the central Henan province, where the…
Following a two-day meeting, Jeremy Powell, chairman of the Federal Reserve’s Open Market Committee, announced the central bank is increasing interest rates for the third time this year. The Fed plans to increase them again in December, despite President Trump’s…
In late July, U.S. Agriculture Secretary Sonny Perdue announced a $12 billion pro- gram to help farmers who are bearing the brunt of President Donald Trump’s trade tactics. Program sign-ups began Sept. 4. The package includes a market facilitation program,…
China reported two new cases of African swine fever (ASF) in Xuancheng in Anhui province this weekend, from the eastern province of Anhui. This is the sixth and seventh confirmed disease report, in an outbreak that is sure to continue.…
South Korea is taking steps to reinforce its sampling methods for inspection of U.S. beef imports after the discovery of an atypical case of bovine spongiform encephalopathy (BSE) in a six year-old mixed-breed beef cow from Florida. The Ministry of…
President Donald Trump announced yesterday that the U.S. and Mexico will forge a new trade accord and signaled that Canada could be left out of the trade equation altogether. “We’re going to call it the United States/Mexico Trade Agreement,” Trump…
Nearly half a million more cattle were added to feedlots since August last year. According to the latest USDA Cattle on Feed report, the 4.6% increase in the Aug. 1 inventory resulted in 11,093,000 cattle in feedlots. The 489,000 additional…
The U.S., Mexico and Canada have a good opportunity to reach a Nafta agreement this month, and getting there will depend on the political flexibility of the Trump administration, according to the top representative for Mexico’s private sector. Mexican Economy…