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Tag Archives: U.S.

#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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