Beef and pork exports run ahead of 2019 pace despite pandemic

Exports of U.S.-grown pork and beef are flowing at a higher volume than in 2019, with a sales value of $4.86 billion through April. Strong meat exports are a sign that the United States is a reliable supplier worldwide despite coronavirus disruptions in meatpacking plants, said Agriculture Secretary Sonny Perdue on Thursday. (No paywall)

Pork to replace soybeans on China’s shopping list

China can satisfy two objectives — filling a huge gap in its meat supply and complying with the "phase one" trade agreement with the United States — by buying American-grown pork, say two Iowa State University economists.

Ag purchases from U.S. will hinge on Chinese demand, says vice premier

The “phase one” trade agreement with China assures sales of “up to $50 billion in agriculture alone,” said President Trump at a White House signing ceremony on Wednesday, although Chinese Vice Premier Liu He said sales would depend on domestic demand and U.S. prices. A senior administration official said later that the pact did not require China to remove retaliatory tariffs on U.S. farm goods — a potential barrier to exports.

Perdue says second tranche of Trump tariff payments is on its way

Farmers can expect a cash injection of billions of dollars in Trump tariff payments later this month or in December, said Agriculture Secretary Sonny Perdue on Thursday. “We hope that trade will supplant the need for aid in 2020,” he said, pointing to progress in negotiations to resolve the Sino-U.S. trade war.

Chinese delegation to visit U.S. farms next week

In what may be an opening in the Sino-U.S. trade war, a group of Chinese officials will tour U.S. farms next week, said Agriculture Secretary Sonny Perdue on Thursday.

We’ve got pork. China needs it, say hog farmers.

Leaders of the National Pork Producers Council appealed to China to remove its 60 percent tariff on imports of U.S. pork so it can bring down the soaring price of pork for Chinese consumers.

In goodwill gesture, Trump delays higher Chinese tariffs for two weeks

Hours after complimenting China for waiving tariffs on some U.S. products, President Trump announced on Wednesday a two-week delay, until Oct. 15, of higher tariffs on $250 billion worth of Chinese-made goods. On social media, Trump called the delay “a gesture of good will.”

Mild recovery forecast for U.S. ag exports after a trade war tumble

U.S. farm exports plunged by an abrupt 6 percent this year due to the Sino-U.S. trade war and a worldwide slowdown in economic growth, but they will rebound mildly in the year ahead, said the USDA on Thursday. However, the agency’s first forecast of exports in fiscal 2020 excluded the impact of a promised mutual escalation this fall of the trade war between China and the United States.

China buys U.S. pork as trade war deepens

Exporters reported the sale of 10,200 tonnes of U.S. pork to China during the week ending Aug. 8, the same period that China said it was shutting off purchases of American ag exports.