Mexican tomato growers have signed a deal to raise the prices of the tomatoes they sell in the U.S. market. That ends a threat from Washington, D.C., to slap a 25-percent anti-dumping tariff on tomato imports. Commerce Secretary Wilbur Ross says the deal will protect U.S. growers from unfair trade practices. However, not all domestic importers were happy with the final agreement. They say the pact doesn’t include border inspection waivers for individual shipments if USDA can’t complete an inspection within a day.
It all comes down to this. Harvest is underway in a few parts of Iowa. 2019 has thrown some knuckleballs, which are far worse than curveballs. Heavy rains, floods, dry periods, late plantings and a shortened growing season come to mind. As we get ready to harvest, it is time to be thinking of what we might be encountering out there, this fall.
The latest trade buzz is with Japan.
Statewide Iowa — Cattle and calves on feed for the slaughter market in Iowa feedlots with a capacity of 1,000 or more head totaled 630,000 head on September 1st, according to the latest USDA, National Agricultural Statistics Service – Cattle on Feed report. This was unchanged from August 1st, but down 7 percent from September 1st last year. Read more
Statewide Iowa — (RI) — Economist Ernie Goss says he’s concerned when economic pressure, like tariffs, are used to reach non-economic goals, like trying to get China to stop stealing intellectual property. Read more
The U.S. Department of Agriculture on Thursday reported strong demand for domestic agricultural products, particularly corn and soybeans. A closer look at sales activity in the program below.