Offense is Defense USTR Katherine Tai knew that she would be facing some strong agriculture voices when she appears this week before the House and Senate committees overseeing her work. Rep. Adrian Smith (R-Nebraska) had already sent a letter demanding to know why more than a year after President Biden took office, there is still no nominee to lead the trade desk at USDA, and there is no chief agriculture negotiator at USTR. Thus, despite agriculture being a smaller industry her remarks this week lead with specific examples of what has been accomplished thus far for farm exports:
Japan has increased its beef safeguard trigger level Section 232 tariffs and their associated retaliation against U.S. agriculture have been removed India ha...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...