U.S. and China Getting Close to Phase 1 Trade Deal
U.S. is scheduled to implement new round of tariffs on Chinese in mid-December
U.S. is scheduled to implement new round of tariffs on Chinese in mid-December
China to Start Importing U.S. Poultry
Country lifts 2015 ban on U.S. poultry meat imports effective immediately
Country lifts 2015 ban on U.S. poultry meat imports effective immediately
November 12, 2019
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Market Intel
| John Newton, Ph.D., Chief Economist, American Farm Bureau Federation
Second Round of Trade Aid Coming
$6.8 billion support provided as of November 12
$6.8 billion support provided as of November 12
Brazil Sugar Harvest Ends Early & Strong
Could be a bad sign for U.S. ethanol program
Could be a bad sign for U.S. ethanol program
Mycotoxin & Crop Report: Nov. 11, 2019
Corn maturity still not fully complete; corn harvest passes the half-way mark; new reports of DON, zearalenone, fumonisin and aflatoxin
Corn maturity still not fully complete; corn harvest passes the half-way mark; new reports of DON, zearalenone, fumonisin and aflatoxin
U.S. and China Agree to Roll Back Tariffs
“Phase One” trade deal is smaller and initial component of broader trade negotiation
Phase one of trade deal is smaller and initial component of broader trade negotiation
China’s Pork Imports to Peak by 2022
More hogs = more corn and soybean meal demand
More hogs = more corn and soybean meal demand
China to Resume Canada Beef & Pork Imports
China blocked shipments from Canada in June, citing counterfeit export certificates
China blocked shipments from Canada in June, citing counterfeit export certificates
U.S. Corn Harvest Remains Slow, No Trade Deal Signed Yet
Harvested area expectations are down 360,000 acres from USDA October
Harvested area expectations are down 360,000 acres from USDA October
Mycotoxin & Crop Report: Nov. 4, 2019
Colder and drier weather in most states; corn harvest 20% behind normal; new reports of DON in corn
Colder and drier weather in most states; corn harvest 20% behind normal; new reports of DON in corn