China Will Lift Some Tariffs On Additional U.S. Pork & Soybeans

Statewide Iowa — (Iowa Agribusiness Radio Network) — China announced plans on Friday to lift some tariffs on U.S. soybeans and pork. A report says the move could be designed to take some of the heat out of the talks aimed at bringing a truce to the trade war. The Chinese finance ministry said last week it would waive taxes on some imports once companies had applied for exemptions. It didn’t specifically say which goods or how many of the goods would be exempted. Read more

USDA Will Take Seven Trade Mission Trips In 2020

The U.S. Ag Department announced it will sponsor seven agribusiness trade missions in 2020. The goal will be to diversify and grow export opportunities around the world for American farmers and ranchers. “I cannot overstate the immense value trade missions provide to the U.S. agriculture industry and our customers,” says USDA Undersecretary for Trade and Foreign Agricultural Affairs Ted McKinney. Read more

Trump Administration Unveils Final SNAP Rule

IABRN — Participation in the Supplemental Nutrition Assistance Program (SNAP) has increased over the past decade. We offer the latest insight on the Trump Administration’s efforts to reform a system impacting millions.

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Japan Approves Partial Trade Agreement With U.S.

IABRN — Japan’s Upper House of Parliament Wednesday ratified a partial trade agreement with the United States, which will go into effect on January 1, 2020. Ryan LeGrand, President and CEO of the U.S. Grains Council, notes that the agreement “solidifies trade with our second-largest corn market.”

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