Tag: Trade

Ag Update: U.S. Farmer Sentiment Weakens on Cost Concerns

U.S. farmers are pessimistic about the current agriculture economy and the future, according to the latest Purdue University/CME Group Ag Economy Barometer. The barometer lost five points in November, falling to 116, a 30% decline …

Food Costs Ease Following Decade-High Surge

Global food prices recently fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures. COSTS DROP 2.5% A United Nations gauge of food costs dropped 2.5% in …

Pandemic and Brexit Leading to U.K. Chaos Ahead of Christmas

A new variant of COVID-19 and increasing concerns about the country’s exit from the European Union are causing significant problems in the U.K. days before Christmas. NEW COVID-19 VARIANT PUTS LONDON IN LOCKDOWN London and …

Trade Improves Between U.S. and China

China has started buying U.S. supplies of soybeans from next year’s crop much earlier than usual, reported Bloomberg (Dec. 7). The world’s top importer is loading up on U.S. crops, including corn and soybeans, to …

U.S. Trade with China Improving, Lifting U.S. Farmer Prospects

China accepted its first-ever commercial container of U.S. rice in history, creating cautious optimism with rice growers across the U.S., reported Western Farm Press (Nov. 3). The shipment was received as Chinese buyers await the …