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Author Archives: MCFB

SPEAK UP ON TRADE –

SPEAK UP ON TRADE – State and national Farm Bureau leadership say members have an important role to play in contacting legislators to communicate the potential effects of tariffs at the farm level. “You, as constituents of our legislators, need to impress on them, ‘Let’s get this done sooner rather than later,’” said Illinois Farm… read more

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AMERICANS SAY IMMIGRATION A GOOD THING –

AMERICANS SAY IMMIGRATION A GOOD THING – A record high 75 percent of Americans, including majorities of all party groups, think immigration is a good thing for the U.S., according to a recent Gallup poll. The numbers are up slightly from 71 percent last years. Just 19 percent of the public thinks immigration is a… read more

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TRADE CASUALTIES PILE UP –

TRADE CASUALTIES PILE UP – Senators from across the country Wednesday noted the effects of escalating trade tensions to Commerce Secretary Wilbur Ross to try to stop a full-fledged trade war. Casualties included falling prices for corn, wheat, beef, pork and soybeans; rising costs of aluminum and steel for soft drink and auto manufacturers; and… read more

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U.S. PORK PRODUCERS HIT WITH SECOND WAVE –

U.S. PORK PRODUCERS HIT WITH SECOND WAVE – U.S. pork producers, already saddled with duties enacted in an earlier round of tariffs, are bracing for further duties after Beijing hit pork with additional tariffs due to come into effect next month. Pork now faces cumulative import duties of 71 percent, not including value added tax,… read more

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WOTUS REDEFINED –

WOTUS REDEFINED – The U.S. EPA and the Army Corps of Engineers have drafted a new definition of “waters of the United States.” The agencies recently sent their draft proposed rule to the White House Office of Budget and Management for review. Public comment will be accepted after the review process is complete, EPA announced…. read more

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FARM BILL REVOTE IN QUESTION –

FARM BILL REVOTE IN QUESTION – Conservative lawmakers remain non-committal a week before the deadline to revive the House farm bill. The farm bill was defeated in May after Freedom Caucus members voted ‘no’ to move immigration legislation. “I’m not there yet, we’ll see,” said Rep. David Brat (R-Va.). Brat declined to share if it… read more

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TRUMP’S JOB APPROVAL UP –

TRUMP’S JOB APPROVAL UP – President Donald Trump’s job approval rating averaged 45 percent in Gallup polling last week, tying his personal best. His previous 45 percent rating occurred in the first week after he was sworn in as president.  

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WALL STREET FALLS AS TRADE TENSIONS MOUNT –

WALL STREET FALLS AS TRADE TENSIONS MOUNT – U.S. stocks opened lower Tuesday as President Donald Trump’s latest tariff threats hit the news and increased concerns that trade tensions would likely spiral into a full-blown trade war. The Dow Jones Industrial Average fell 223.88 points; the S&P 500 opened 21.74 points lower; and the Nasdaq… read more

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LET THE TIT-FOR-TAT BEGIN –

LET THE TIT-FOR-TAT BEGIN – President Donald Trump Monday upped the ante in his trade war with China, saying his administration was prepared to impose tariffs on another $200 billion worth of Chinese goods and potentially even more if Beijing continues to fight back. As expected, China answered back, vowing to retaliate “forcefully” if needed.

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UNCERTAIN OUTLOOK FOR BEEF EXPORTS

Beef exports the first four months of this year increased 20 percent from the same time a year ago. But while sales to China so far average about $6 million a month, massive sales of U.S. soybeans, pork and other goods are now in question as the Trump administration proceeded with tariffs on imports of… read more

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