In the year of COVID, it is difficult to assign precise reasons for changes in trade flows but following are some observations about U.S. agricultural trade in the year to date:
U.S. exports to India have taken the largest fall, but Bangladesh next door has seen the largest increase.
A drop in exports to Hong Kong could have been exacerbated by civil unrest/freedom protests, and the drop in products to Sub-Saharan Africa might be within a usual range given its smaller volumes.
The increase in exports to China will be claimed as Phase One agreement gains.
U.S. agricultural imports from France have taken the greatest beating, likely due to targeting with punitive tariffs.
Reductions in U.S. exp...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
The overarching concern for China is that the rising cost of energy will reduce global trade demand at the same time that countries are becoming more protectionist. Trump Visit to China President Trump’s visit to China is in just over two weeks, though some question whether the trip...
