Risk of ‘food nationalism’ as coronavirus pandemic sweeps world
The world's grain reserves are large, with a bumper crop on the horizon, but the coronavirus pandemic has already inspired agricultural protectionism in a small number of countries, said analysts in a think tank paper this week. Separately, former Agriculture Undersecretary Catherine Woteki said protectionist policies could spark "food nationalism" at a time when trade could minimize food shortages. (No paywall)
Farmers will be ‘great beneficiary’ as U.S.-China talks resume, says Trump
American farmers may benefit doubly during efforts to end the Sino-U.S. trade war, suggested President Trump over the weekend. They will get billions of dollars in payments intended to mitigate the impact of the trade war on the agricultural sector, and China will buy "a tremendous amount" of U.S. food and ag exports while bilateral negotiations are ongoing.
As checks flow, USDA adds almonds and cherries to Trump tariff bailout
Producers of shelled almonds and fresh sweet cherries are eligible for cash payments to offset the impact of trade war on U.S. agriculture, said Agriculture Secretary Sonny Perdue. The announcement on Friday was the first addition to the list of commodities earmarked for an estimated $4.7 …
To get NAFTA, Canada must drop Class 7 dairy scheme, says Perdue
Agriculture Secretary Sonny Perdue described a potential tri-national agreement on a new NAFTA as the start of a domino effect in rewriting U.S. relations with trading partners around world. "I would love to have a deal today with Canada to put NAFTA back together," said Perdue during a C-SPAN interview in which he called for reform of Canada's supply-management system."
As tariffs bite, China cancels U.S. soy deals and hunt is on for new export markets
For Iowa farmer John Heisdorffer, the math is brutal in the U.S.-China tariff war: "You tax soybeans at 25 percent and you have serious damage to U.S. farmers." China, the No. 1 customer for U.S. farm exports, canceled purchases of nearly $140 million worth of U.S. soybeans just before the two countries imposed tit-for-tat tariffs on each other's products. Iowa Sen. Joni Ernst said on Sunday the Trump administration was working on "a number of new free-trade agreements," but China "will be a much longer haul."
Brazil to match U.S. as world’s top soybean grower
After a decade of robust growth, world production of soybeans will grow at a much slower rate of 1.5 percent annually in the years ahead, says two UN agencies in their annual Agricultural Outlook. Brazil, the longtime No. 2 to the United States in soybeans, will reach parity with America, said the report by the Organization for Economic Cooperation and Development and the Food and Agriculture Organization.
U.S. corn faces a 25-percent EU tariff in metals fight
American corn faces import levies of up to 25 percent, according to a 10-page list of potential targets for retaliatory tariffs released by the European Commission, reported AgriCensus. The tariffs would counter the Trump administration's announcement that it intends to imose high tariffs on imports of steel and aluminum.
Concerns grow over Trump’s trade, rural infrastructure plans
A growing number of farmers and rural advocates say President Trump's trade and rural infrastructure proposals would further damage the struggling farm economy, despite his vow to boost rural America through renewed investment.
New York dairy farms ‘swimming in milk,’ Perdue is told
The two top officers of the New York Farm Bureau told Agriculture Secretary Sonny Perdue that trade and immigration are the top ag issues in the Empire State, reports the Glens Falls Post-Star. "We are swimming in milk," said vice president Eric Ooms, placing the blame on Canadian barricades to U.S. dairy.
U.S. says new NAFTA must end Canadian protection of dairy, poultry, eggs
At the top of the Trump administration's list of agricultural goals for the new NAFTA is elimination of Canadian tariffs on imports of U.S. dairy, poultry, and egg products — meaning a dismantling of the nation's supply-management system. Canada balked at that demand in the previous round of negotiation, and the current round of talks in Mexico City made little progress over the weekend.
MacAulay says Canada will defend its supply-management system in NAFTA talks
At a roundtable meeting, Canadian Agriculture Minister Lawrence MacAulay assured producers that the government will defend supply management for the agricultural sector in negotiations for the new NAFTA. The United States has complained repeatedly about Canada's dairy system, which limits imports and assures milk producers of a high market price.
US farm law turns toward protectionism, analyst says
Parts of the 2014 farm law "send a message to trading partners that U.S. agriculture is becoming more protectionist," writes UC-Davis economics professor Colin Carter in Choices, the journal of agricultural economics.