According to the Farm Credit Administration’s quarterly report on economic issues, record agricultural exports are contributing to favorable economic conditions for the U.S. farm sector
While the volume of ag exports is projected to expand from 2021-30, U.S. exports of major crop and livestock commodities are also expected to face stiff competition from other exporters.
Nebraska Senator Deb Fischer introduced the Cattle Market Transparency Act of 2020. This comes in response to packer concentration and the lack of competition in U.S. cattle markets.
2018 was, if nothing else, unpredictable, and it looks like that may continue for the dairy industry in 2019. it’s critical for the U.S. to continue defending its market dominance in Mexico.
President Trump will meet with China's President Xi Jinping later this month at the G-20 summit in Buenos Aires. There is new developments in the trade talks.
A few programs have lost their authorization and funding due to the farm bill expiration. 39 programs effected including bioenergy and agricultural research programs.
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.