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trade

Featured - Home Small Shortliner 

Corn Prices Reach Near-Decade High, Wheat Forecast Falls

March 22, 2022March 22, 2022 Kristi Ruggles trade, War in Ukraine

Demand for corn from the U.S., Brazil and Argentina soared in the past weeks as the war in Ukraine escalated. China ramped up its purchase of U.S. corn earlier this month.

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Featured - Home Small Shortliner 

Farm Bureau Among Groups Who Call for Tariff Relief

August 24, 2021August 24, 2021 Kristi Ruggles AFBF, China, trade

The trade groups indirectly acknowledged that China has not met all of its purchasing commitments but encouraged the administration to negotiate over issues not included in Phase One.

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Manufacturing News Shortliner 

Spread of Virus Further Jams Freight in China

June 15, 2021June 15, 2021 Kristi Ruggles COVID, trade

Amid a surge in COVID cases, ports issued notices suspending vessels from entering ports without reservations. The ports are only accepting bookings for export-bound containers.

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Shortliner 

China Faces Tougher Rules in Europe

May 18, 2021May 18, 2021 Kristi Ruggles trade

The regulation would help address rising European concerns that Chinese businesses, bolstered by state support, are competing unfairly around the world.

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Legislative News Shortliner 

Ag Groups React to Trade Rep Confirmation

March 23, 2021March 23, 2021 Kristi Ruggles Katherine Tai, trade

New trade chief brings experience on China at a time when stakes are especially high.

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Featured - Home Small Shortliner 

Container Woes: ‘Busiest Period in Trade-Ever’

March 9, 2021March 9, 2021 Kristi Ruggles Global Shippers Forum, trade

Group says top-dollar rates for declining service levels cannot continue. Container companies blame some bottlenecks on North American infrastructure.

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Ag News Shortliner 

Shipping Carriers Reject Tons of Ag Exports

February 9, 2021February 9, 2021 Kristi Ruggles Shipping Act, trade

Shipping carriers rejected U.S. agricultural export containers worth hundreds of millions of dollars during October and November. The Federal Maritime Commission is investigating whether carriers violated the Shipping Act.

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Featured - Home Small Shortliner 

Shipping Containers for Ag in Short Supply

December 1, 2020December 1, 2020 Kristi Ruggles Christmas, Imports, trade

U.S. retail demand for imports has pushed container freight rates from China to the U.S. West Coast beyond $4,000 per container. Meanwhile, the average price to ship goods by container from Los Angeles to Shanghai has been $518. That’s creating a pinch for farm exports.

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Featured - Home Small Shortliner 

Success of Tariffs an Unanswered Question

October 27, 2020October 27, 2020 Kristi Ruggles China, trade

President Trump’s trade war against China did not reverse a U.S. decline in manufacturing, economic data show. Administration officials point out nonetheless that the tariffs have succeeded in forcing China to agree to a phase one trade deal.

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Shortliner 

U.S. China Officials Remain Committed to Phase One

September 1, 2020September 1, 2020 Kristi Ruggles China, trade

The primary significance of the talks is that they occurred at all, said trade experts, given the deepening divides between the two nations.

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Featured - Home Small Shortliner 

Manufacturers Move Away from China Supply Chain

June 30, 2020June 30, 2020 Kristi Ruggles China, trade

One third of companies with global supply chains have moved–or soon will move–their sourcing and manufacturing activities out of China.

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Ag Featured - Home Small News Shortliner 

U.S. Soybean Prices Rise as China Accelerates Imports

June 30, 2020June 30, 2020 Kristi Ruggles China, trade

Chinese buying made up roughly 56 percent of all new soybean export sales in the past month. By comparison, Chinese buying made up only 27 percent of U.S. soybean export sales in 2020 through May.

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Ag News Shortliner 

China Still Expected to Dial Up Soy Purchases

April 22, 2020April 22, 2020 Kristi Ruggles China, soybeans, trade

China’s hog herd is recovering well from African swine fever. The country is expected to accelerate soybean purchases from the U.S. between May and August.

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Ag News Shortliner Trade 

Trade with China: Leaders Stay Focused on Phase One

March 17, 2020March 17, 2020 Kristi Ruggles China, trade

Trade leaders for U.S. and China stay focused on deal amid global pandemic.

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Featured - Home Small News Shortliner 

Virus Puts Pressure on Farm Equipment Supply Chain

March 3, 2020March 17, 2020 Kristi Ruggles Coronavirus, trade

Executives say they are taking measures that include tying up sources outside China and booking air freight to fly in parts and components from China. One said its company is paying 40 percent more to domestic vendors for components that used to come from China.

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Shortliner Trade 

U.S., China, Take First Steps After Phase One Deal

February 18, 2020February 18, 2020 Kristi Ruggles China, trade

The U.S. and China took the first steps last week in implementing a trade deal that ultimately could generate an additional $32 billion in agriculture exports to China.

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Shortliner 

U.S. Trade Deal with UK on Fast Track

January 28, 2020January 28, 2020 Kristi Ruggles Steve Mnuchin, trade, United Kingdom

The United States wants to conclude a trade deal with the United Kingdom this year.

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Shortliner 

Trade Progress: China Deal, USMCA Advance

January 12, 2020January 15, 2020 Kristi Ruggles China, trade, USMCA

President Trump welcomes Chinese officials to D.C. this week to sign the recently negotiated phase-one trade deal with China. Final approval is expected as early as this week on USMCA.

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Shortliner 

Dairy Industry Struggles

January 12, 2020January 12, 2020 Kristi Ruggles Dairy, trade, Wisconsin

The state of Wisconsin lost 10 percent of its dairy farms in 2019. In related news, a second major milk producer filed for bankruptcy recently.

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Shortliner Trade 

Iowa, Illinois Surpass Billion-Dollar Mark in Trade Aid

January 12, 2020January 12, 2020 Kristi Ruggles Market Facilitation Program, trade

USDA’s Farm Service Agency has paid out nearly $11 billion in 2019, with Iowa, Illinois, and Minnesota receiving the most.

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Shortliner Trade 

Done Deal: U.S., China Reach Phase One Agreement

December 17, 2019December 18, 2019 Kristi Ruggles China, trade

A phase-one trade deal stipulates China buy $200 billion worth of U.S. goods and services, which includes $40 to $50 billion worth of agriculture products.

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Ag Featured - Home Small Shortliner 

Pork Producers Put Dollars to Potential in China

December 3, 2019December 3, 2019 Kristi Ruggles African swine fever, China, pork, trade

U.S. pork producers see a potential $24.5 billion annual market in China within 10 years if the Trump administration can gain unrestricted trade access after the Asian country’s hog herd has been devastated by disease.

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Featured - Home Small Shortliner Trade 

Ahoy, Soy: Beans Arrive on China’s Shore

December 3, 2019December 3, 2019 Kristi Ruggles soybeans, trade

American soybeans that were once stranded on ships along China’s coast are now coming ashore. The beans were stranded because although a 30 percent retaliatory tariff had been waived, buyers still had to pay a deposit.

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Shortliner 

China Deal (and Tariff Deadline) Are Close

December 3, 2019December 4, 2019 Kristi Ruggles China, trade

President Trump told reporters Monday that China wants to find common ground in trade negotiations. Kellyanne Conway, a senior adviser to Trump, said a trade deal with China is possible by year’s end. New tariffs are scheduled to take effect Dec. 15.

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USMCA
Shortliner 

USMCA Pact Nears Finish Line

December 3, 2019December 3, 2019 Kristi Ruggles Dairy, Small Business, trade, USMCA

It is down to the details in passing USMCA. A coalition to which the Association belongs says the agreement pays unprecedented attention to small businesses and boosts opportunities for ag.

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Shortliner 

Deal Expands U.S. Rice Market in South Korea

December 3, 2019December 3, 2019 Kristi Ruggles Rice, trade

The White House has struck a deal with South Korea that offers steadier access to the Korean market for U.S. rice growers.

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Featured - Home Small Shortliner 

China Lifts Ban on U.S. Chicken, Opens Market Amid Pork Shortage

November 12, 2019November 15, 2019 Kristi Ruggles African swine fever, avian flu, China, trade

The opportunity to fill China’s pork gap with chicken has U.S. poultry executives salivating. China has lifted a ban put in place after the avian flu outbreak in 2015. With the country losing much of its swine herd, it is hungry for protein and importing chicken again.

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Ag News Shortliner 

Uncertainty Lingers Over Pact with China

November 12, 2019November 15, 2019 Kristi Ruggles China, Phase One, trade

President Donald Trump said that the U.S. hasn’t agreed to roll back all tariffs on China, muddying hopes raised by China and even some of the president’s own aides that the U.S. was ready to lift some tariffs to secure a trade deal.

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Shortliner 

China Buys Ag Products of ‘Considerable Scale’

October 1, 2019October 1, 2019 Kristi Ruggles China, pork, soybeans, trade

Chinese buyers have “completed deals to buy soybeans and pork of considerable scale.” Negotiators are due to resume talks this month in Washington.

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Featured - Home Small Shortliner 

China Admits It’s Been Sanctioning U.S. Soybeans

September 17, 2019September 18, 2019 Kristi Ruggles China, soybeans, trade

China newswire Xinhua revealed something interesting. It said Beijing “will allow Chinese businesses to purchase a certain amount of soybeans and pork from the United States.” The word “allow” is key.

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Shortliner 

Iron Ore Prices Plunge

September 17, 2019September 17, 2019 Kristi Ruggles steel, trade

Iron-ore prices posted their biggest one-month fall in almost eight years. The price fell 27 percent by the end of August, the most since October 2011.

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Shortliner 

America’s Loss is Canada’s Gain in Lobster Market

September 17, 2019September 18, 2019 Kristi Ruggles Canada, lobster, trade

U.S. lobster exports to China have fallen off a cliff this year as retaliatory tariffs shift the seafood business north.

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Shortliner 

U.S. Reaches Trade Deal with Japan

September 3, 2019September 18, 2019 Kristi Ruggles Japan, trade

The agreement in principle represents significant opportunities for pork producers. President Trump also predicts stronger markets for corn and wheat.

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Ag News News Clippings 

Secretary Perdue Statement on Japan Agreement

August 26, 2019 Vernon Schmidt Sonny Perdue, trade

U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the new trade agreement between the United States and

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News 

U.S. Trade Deal with Japan Possible This Month

May 10, 2019May 10, 2019 Rachel Boehm Japan, trade

White House economic adviser Larry Kudlow said Friday that the U.S. could reach a trade deal with Japan by the

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Ag News 

Ag Talks Progress, Trump Turns Up Heat on China

May 10, 2019May 10, 2019 Rachel Boehm China, tariffs, trade

President Donald Trump said Sunday that tariffs on $200 billion of Chinese goods will increase to 25 percent on Friday,

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Legislative News 

Both Parties Seek Change Before Ratifying USMCA

May 10, 2019May 16, 2019 Rachel Boehm House, Senate, trade, USMCA

Senate Finance Chairman Chuck Grassley and five other leading Republican senators went to the White House last week to level

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News 

Canada to Impose Tariffs on U.S. Products

April 17, 2019April 26, 2019 Kristi Ruggles Canada, tariffs, trade

Canada is threatening new retaliatory tariffs on more U.S. exports if the U.S. tariffs on Canadian steel and aluminum are

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