Residents Receiving Unknown Seeds from China
Residents in North Dakota and Minnesota are receiving unsolicited packages containing seeds from China. Agriculture officials in other states are also reporting similar instances, and the motive behind this action is not known at the time. The foreign seeds may be invasive and introduce diseases harmful to plants and/or livestock. Anyone receiving unsolicited seeds in […]
Dry Bean Production Updates from China and Argentina
China: An initial survey of China’s prospective dry bean planting reveals that production in 2020 is estimated to be down by 9% with total volume of 174,500 MT. Planting area is estimated down 9% with total sowing area of 110,400 hectares. Growers have been active planting light speckled kidney beans (LSKB), red speckled kidney beans […]
Dry Bean Trade Policy Update
With so much going on in the world of trade policy for dry beans, the U.S. Dry Bean Council has provided a update: China Phase One Agreement A 5% reduction on dry bean retaliatory import duties to 38%, still not at levels previous to the ongoing trade dispute. We have also learned that Chinese […]
The Impact of Coronavirus on Dry Bean Programming
The primary concern with the outbreak of the coronavirus (CORVID-19) is the health and well being of U.S. Dry Bean Council staff and industry members. New travel and event restrictions are still being announced, with the greatest impact on China and other parts of Asia. Because China is such a large trading partner, the economic and health […]
Phase One Trade Agreement Implementation Moving Forward
Following concerns that China may not follow through with the phase one trade deal, USDA says China has taken numerous actions to implement commitments to the U.S. In a statement, Agriculture Secretary Sonny Perdue says the Trump administration negotiated a strong trade agreement with China and there are expectations with compliance on all elements of the […]
USMCA Overwhelmingly Passes in the Senate
The U.S.-Mexico-Canada Agreement passed out of the U.S. Senate by an overwhelming vote of 89-10 Thursday. For agriculture, USMCA is estimated to increase U.S. exports by $2 billion. The vote comes just one day after the United States signed a new trade agreement with China, which promises to increase ag exports by tens of billions […]
U.S. and China Sign Phase One of Trade Agreement
The U.S. and China have signed phase one of a trade agreement. President Donald Trump was joined by Chinese Vice Premier Liu He at the White House ceremony on Wednesday. “Today, we take a momentous step, one that has never been taken before with China, toward future fair and reciprocal trade,” said President Trump in […]
Trade Agreement is Closer to Signing
A phase one trade deal between the U.S. and China is expected to be signed within a matter of days. While President Trump and Chinese President Xi are expected to participate in a signing ceremony, details have not been announced. The South China Morning Post says Chinese Vice Premier Liu He will be in Washington, […]
U.S. and China Come to Agreement
The news of a trade deal between the U.S. and China started to unfold this past week. Chinese officials were vague in a press conference today on the details, but did confirm an agreement on the context of a phase one deal. This includes an increase in agricultural imports. A 25 percent tariff will […]
New Site Sought for U.S.-China Trade Deal Meeting
According to a tweet from President Donald Trump, the U.S. and China are trying to secure a new location to sign a tentative trade deal. President Trump and Chinese President Xi were expected to meet during the Asia-Pacific Economic Cooperation Summit in Chile, but that event was canceled due to ongoing protests. Trump said phase […]