Ag News: China Import of American Goods
**China has agreed to increase its imports of American agriculture and energy products and will seek to address U.S. protection concerns about intellectual property.
That’s according to a joint U.S.-China statement released Saturday by the White House.
As Agri-Pulse reports, this comes after two days of talks involving top U.S Trade and Commerce officials and a Chinese delegation.
**It’s been just over a year since U.S. beef returned to the Brazilian market, following a long absence resulting from the December 2003 mad cow disease case.
The U.S. Meat Export Federation’s Cheyenne McEndaffer says top sirloin cap was expected to perform well in Brazil, and demand has been strong. Brazilian buyers are also interested in U.S. loins, ribs, tri-tips and livers.
She joined several USMEF member companies in São Paulo for the APAS Supermarket Show, one of South America's largest food trade shows.
**Independent Community Bankers of America President Rebeca Romero Rainey is urging Congress to continue working on the farm bill to keep the process moving after the House voted it down.
Rainey says due to a fifth straight year of declining net farm income, which has fallen by more than 50 percent since 2013, a new farm bill to replace the bill expiring September 30th is needed to provide financial stability and to support the efforts of community banks to continue financing our farmers, ranchers and rural America.