South America

McConnell: FTAs to be submitted soon

Senate Minority Leader Mitch McConnell (R., Ky.) said Tuesday he expects free-trade agreements with South Korea, Colombia and Panama to be submitted to Congress soon, as debate got underway on a tariff bill that could pave the way for passage of the long-delayed trade pacts. FULL STORY »

Corn growers sharpen focus on FTAs

Pork producers aren’t the only ones who have their eyes focused on Congress’ action on free-trade agreements. Of course, beef producers are anxiously awaiting the outcome, but so are crop growers. FULL STORY »

Senate Finance panel reschedules FTA debate

The Senate Finance committee plans to make another attempt to start informal debate on proposed trade agreements with South Korea, Colombia and Panama on July 7, after Republicans on the panel boycotted last week's meeting. FULL STORY »

Progress on free trade agreement process slowed

The fates of three pending Free Trade Agreements (FTA) appeared to swing wildly last week, with an announcement of a deal to move them forward, a mock-mark up scheduled and then cancellation of the meeting because of stark political division, all in fewer than three days. FULL STORY »

White House: Approve free-trade deals

The White House urged Congress Tuesday to quickly approve free-trade agreements with South Korea, Colombia and Panama, after a deal was struck with lawmakers to restore benefits for job losses related to trade. FULL STORY »

Commodities market impact weather: Favorable heat for Midwest

Favorable Midwest heat, light Northern Plains rainfall, a variable Delta and Southeast trend, dry and hot for wheat harvest, additional West Texas heat, mixed trends in the Canadian Prairies, a hotter trend in northern China, periods of rain in central China, hotter and drier in western Europe, rainy and cool in Ukraine and Russia, and an mixed monsoon rain pattern in India are the main weather items for the commodity trade's attention. FULL STORY »

Brazil will ignore environmentalists to feed the world

Brazil is preparing to feed the world as the population rapidly rises around the globe in the next 30 years. Environmental activists better not get in the way of advancement in farming and ranching, or they might not live to protest another day. FULL STORY »

NCGA Testifies in Support of Panama Trade Promotion Agreement

National Corn Growers Association First Vice President Garry Niemeyer, testified before the House Agriculture Committee during a hearing to review the pending Trade Promotion Agreement with Panama. The hearing focused on the impact and advantages that agreement would have for the United States. FULL STORY »

Brazil faces challenges in courting China

By Marlys Miller, Editor
All exporting countries want a piece of China’s market, particularly those with agricultural goods since the Asian kingpin has the world’s largest population to feed. China is an active buyer in Brazil’s agricultural markets, but all is not smooth sailing. FULL STORY »

Pork exports set record high in March

According to the May issue of the USDA's Livestock, Dairy and Poultry report, March pork exports were almost 491 million pounds, the highest quantity of U.S. pork products ever exported in one month. March exports were almost 33 percent higher than a year earlier, with the five largest destination countries being Japan, Mexico, South Korea, Canada, and China. First-quarter U.S. pork exports were more than 1.24 billion pounds, 19.2 percent larger than in the same period last year. A listing of the 10 largest foreign destinations for exported U.S. pork products follows. FULL STORY »

Will U.S. ports be ready for record-size cargo ships?

The pending expansion of the Panama Canal holds significant implications for U.S. soybean farmers, who depend on U.S. ports to export their harvested beans around the world, said Phil Bradshaw, a United Soybean Board (USB) past chairman and soybean farmer from Griggsville, Ill. FULL STORY »

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