The head of the U.S.’ busiest port said China is on track to buy less than one-third of the American agricultural products it promised to purchase in 2020, the first year of a trade pact between the world’s biggest economies.
August 14, 2020agriculture News Updates
Port of Los Angeles Chief Says China to Miss Agriculture Target
Agriculture Supply Chain Upended by Virus, Expert Says
Disruptions to the food supply chain brought on by the coronavirus pandemic extend to farmers and their products, according to Andrew Novakovic, a professor of agricultural economics at Cornell University.
May 26, 2020Deere Surges Most Since 2016 on Surprise Growth in Farm Recovery
Machinery giant Deere & Co. delivered an unexpected increase in earnings and maintained its annual outlook as early signs of stabilization in the U.S. farm sector offset a slowdown in construction. Shares rose the most in three years.
February 21, 2020Deere Shares Fall; New CEO Adopts Cautious Outlook
Deere & Co. delivered a more cautious outlook than expected for the year ahead as simmering U.S.-China trade tensions and difficult growing conditions keep North American farmers from replacing large equipment.
November 27, 2019US Chickens Headed to China After Beijing Lifts 5-Year Ban
WASHINGTON — China is lifting a five-year ban on U.S. poultry, a goodwill gesture at a time when the world’s two biggest economies are trying to finalize a tentative trade deal.
November 14, 2019Top Agriculture Commodity Traders Get Squeezed as Exports Falter
With U.S. grain exports expected to fall more than 20% in the 2019 crop year, Archer-Daniels-Midland Co., Bunge Ltd. and Cargill Inc. are making less money buying and selling crops.
October 28, 2019Truckers Advised to Watch for Invasive Spotted Lanternfly
Truckers doing business in counties under quarantine are playing an unwitting role in the spread of the spotted lanternfly.
October 17, 2019Agribusiness Giant Cargill Lifts Bet on Plant-Protein Craze
Cargill Inc., one of the world’s biggest agricultural companies, plans to spend an additional $75 million to expand in pea protein in the U.S. as traditional meat producers continue a shift to alternatives.
August 28, 2019China Ramps Up Brazil Soybean Imports, Rebuffing US Crops
China is stepping up its soybean buying in Brazil as growers in Argentina continue to hoard and the Asian nation avoids American oilseed after an escalation in trade tensions between Washington and Beijing.
August 16, 2019Corn Heads Toward Worst Rout Since 2013 on Outlook for Acreage
Corn futures plunged by the exchange limit, heading for their worst day in at least six years, after the U.S. Department of Agriculture reported more of the grain was planted than analysts had estimated.
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