Chicago/Washington | Reuters — U.S. government officials on Thursday hailed China’s first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come. The U.S. Department of Agriculture (USDA) announced private sales of 1.13 million tonnes of U.S.
U.S. confirms China soybean purchase, but no clarity over more sales
Stalled farm bill could move fast after Democrat House win
Washington | Reuters – Congress may swiftly resolve a drawn-out impasse on the U.S. Farm Bill now that Democrats are poised to retake control of the legislative body, the top Democrat on the House Agriculture Committee said on Wednesday. Collin Peterson, ranking member and presumptive new chair of committee, said passing the crucial agricultural legislation was going
Trump’s trade war looms over divided U.S. farm belt ahead of vote
Reuters – Chuck Wirtz voted for Donald Trump in the 2016 election, inspired by the then-political outsider, but the veteran Iowa hog farmer now has buyer’s remorse as the U.S. Republican president’s trade policy exacts a heavy toll on his business. Wirtz, 56, estimates the tariffs resulting from the U.S. trade war with China and
U.S. agriculture chief says no plan to extend farm aid to offset tariffs
Washington | Reuters – The U.S. Department of Agriculture is not planning to extend an up to $12 billion aid package for farmers into 2019, Secretary Sonny Perdue said on Monday, to mitigate farmer losses due to the imposition of tariffs on American exports. “Farmers are very resilient and adept in making their planning and
U.S. milk producers ask government for more aid, citing $1 bln tariff impact
Washington | Reuters – U.S. milk producers asked the government to increase aid payments to the industry to offset losses from foreign tariffs, saying dairy farmers have lost more than $1 billion in income since May. The administration of President Donald Trump in late May announced tariffs of 25 percent on steel imports and 10
Trump raises ethanol use in gasoline, appeases farmers ahead of elections
Washington | Reuters — U.S. President Donald Trump launched an effort on Tuesday to increase ethanol use in the nation’s gasoline pool, delivering a long-sought political victory to the nation’s Farm Belt and angering oil refiners ahead of November’s congressional elections. Trump announced the lifting of a ban on summer sales of gasoline blended with