CAFTA/DR Trade Agreement Nearing Full Implementation in 2020
For many years, the Dominican Republic has been one of the top export destinations for United States dry bean exports in the Americas. It is the top export market in the region (minus Mexico) for the period September – July 2019 at 26,000 metric tons. This is down slightly from the same period in 2018, […]
U.S. and Japan Roll Out a Trade Agreement
During the United Nations General Assembly in New York, President Donald Trump and Japanese Prime Minister Shinzo Abe announced the first stage of the new trade agreement between the U.S. and Japan. This agreement levels the playing field in terms of market access for certain agriculture and industrial goods, as well as on digital trade. […]
Average Cropland Value Increases in 2019
The average value of agricultural cropland in the United States is $4,100 per acre, up 1.2 percent from the previous year. That’s according to the USDA 2019 Land Values report released this week. That value of cropland ties the 2015 record-high and represents a 55 percent increase in values over the last decade. North […]
McKinney: Ag Must be Included in EU-US Trade Negotiations
If agriculture is not included, the United States and European Union will not be able to reach a trade agreement. USDA Undersecretary Ted McKinney made that point during his visit to Brussels. Europe wants a trade deal with the United States, but is refusing to discuss increased market access for U.S. farm products.
USDA Crop Progress – June 24
Dry bean emergence in North Dakota is at 93 percent, nearly 95 last year and equal to the five-year average. The crop is rated at 78 percent good to excellent and zero percent poor to very poor. In Minnesota, nearly all the dry beans are planted. Emergence is at 88 percent, behind 97 percent last […]
Mexico Approves the USMCA
On Wednesday, the Mexico Senate approved the U.S.-Mexico-Canada Agreement by a vote of 114 to 4. Mexico is the first of three countries to ratify the trade deal. Now, all eyes are on Canada and the U.S. to approve the agreement. An implementation bill has been introduced in the Canadian Parliament. Earlier this week, U.S. […]
