The signing of the first phase of a China trade deal will be next Wednesday, January 15th, China ups its buying of American farm goods in exchange for lower tariffs.
Agricultural tourism continues to grow. Commodities such as grapes, fruit and nut trees, and specialty livestock had a positive impact on tourism revenues.
After trending lower through the first four months the year, May pork exports to Japan increased 5% from a year ago, while export value, up 3%, was the highest in 18 months.
The Ag Secretary Sonny Purdue says that the U.S. is looking for better trade term with Japan. Japanese trade officials are not giving U.S. products extra access.