Looking for a ‘huge vote’ in Senate to limit national-security tariffs

Senate Finance chairman Chuck Grassley is working with like-minded senators on crafting a bipartisan bill to limit the president’s power to impose import tariffs in the name of national security. “We’ve got to get a huge vote on it because it could be vetoed by the president,” said Grassley on Wednesday.

With eye on China, Canadians will plant more wheat, less canola

Canadian farmers plan to slash canola plantings by 7 percent this year because of a trade clash with China and to greatly expand their sowings of spring wheat, said Statistics Canada on Wednesday.

Report: The ‘new NAFTA’ will boost ag exports by 1.1 percent

U.S. food and agricultural exports would increase by $2.2 billion, or 1.1 percent, with full implementation of the United States-Mexico-Canada Agreement, the successor to NAFTA, said the U.S. International Trade Commission in a report issued Thursday.

Trump, dropping Mexico threat, says ‘very close’ to China deal

U.S. and Chinese negotiators may be within four weeks of resolving the Sino-U.S. trade war, said President Trump on Thursday. Trump said the nations are working on a comprehensive agreement. “And whether it’s our farmers or our technology people, all of them will be really happy.”

Pence hears grumbles about tariffs as he promotes the new NAFTA

Vice President Mike Pence told Indiana farmers on Thursday that the Trump administration is “absolutely determined to see the USMCA completed and ratified by the U.S. Congress this spring.” During his visit, the vice president heard complaints about tariffs on agricultural products from “numerous” crop and hog farmers.

Farm groups warn of damage as Trump threatens border closure

On Wednesday, in his latest threat to close the U.S.-Mexico border, President Trump demanded that Congress “immediately eliminate the loopholes at the Border.” The American Farm Bureau Federation asked that agricultural trade be exempted from any restrictions, and the National Farmers Union said a closure would be disastrous.

Grassley urges Trump to remove tariffs on Canada and Mexico

To speed approval of the successor to NAFTA, President Trump should remove tariffs on steel imported from Canada and Mexico, said Senate Finance Committee chairman Chuck Grassley on Monday.

Ethanol exports set a record of 1.7 billion gallons

Roughly 11 percent of U.S. corn ethanol was exported in 2018, a record 1.7 billion gallons worth $2.7 billion, said ethanol trade groups on Wednesday. Exports were nearly 25 percent higher than the previous record of 1.4 billion gallons, set in the preceding year, said the groups.

U.S. ag trade surplus narrows

The U.S. agricultural trade surplus will shrink to $13.5 billion this fiscal year, the smallest in at least six years, as exports stagnate at $141.5 billion and imports tick upward to $128 billion, said the USDA in a quarterly forecast.

‘New NAFTA’ helps alleviate farm income fears

Six in 10 respondents to a Purdue poll on farmer confidence said the United States-Mexico-Canada Agreement had either completely or somewhat relieved their concerns about their income over the next year.