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Tag Archives: U.S.

SPARE PARTS

When you harvest a pig the only thing left is the squeal. But as trade tensions with China ramp up, hog farmers and processors are finding much more than the squeal is leftover. Before the U.S.-China trade war, American pig processors exported nine out of every 10 pigs’ feet and heads they shipped overseas to… read more

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FARM RELIEF?

Leaders close to talks say the Trump administration wants to dissolve opposition to its trade policies with a relief package for farmers affected by the possible U.S. trade war with China. The plan, while not yet pinned down, is expected to be in the billions. (Wall Street Journal)

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PUTIN VISIT?

President Trump proposed meeting Vladimir Putin at the White House in a March phone call, the Kremlin said Monday, a fresh revelation about a conversation that stirred controversy for its friendly tone toward the Russian leader amid mounting tensions with the West. (Washington Post)

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#CANADA’S NO. 1

Canada has overtaken the U.S. as the top North American supplier of pork to China as farmers and meat packers in both nations battle for shares of the global market. Rising affluence is driving China’s voracious appetite for pork, including less desirable parts of the pig like feet, elbows and innards. At the same time,… read more

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U.S. GAINS 292,000 NEW JOBS IN DECEMBER

The United States scored big with almost 300,000 news jobs in December. This is the fifth straight year in which employment grew by at least 2 million to power a growing economy.

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CHINA AND ETHANOL

GROWMARK Energy says China has been increasing ethanol imports from both the U.S. and Brazil, but the volume has not been stable. It is believed they are using most of it to blend into gasoline.

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TRADE SINCE NAFTA

USDA says intraregional agricultural trade among the United States, Canada, and Mexico has more than tripled (in inflation-adjusted value) since the implementation of the North American Free Trade Agreement (NAFTA) in 1994. In 2011-13, agricultural imports from NAFTA partners accounted for 80% of Mexico’s total agricultural imports, 63% of Canada’s imports, and nearly 40% of… read more

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DEERE CUTS EARNINGS

Deere’s third-quarter profit fell 15 percent and the farming equipment maker thinks the same weak sales in the U.S., Canada and abroad will cut into earnings for the year.   

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