During the G-7 summit in France Sunday, President Donald Trump and Japanese Prime Minister Shinzo Abe shook hands on a deal “in principle” that involves agricultural products. “(We) have excess corn in various parts of our country, with our farmers, because China did not do what they said they were going to do,” said President Trump. “And Prime Minister Abe, … Read More
President Trump Celebrates Ethanol With Farmers
President Donald J. Trump brought a hopeful message to farmers in the Midwest on Tuesday with an appearance at Southwest Iowa Renewable Energy ethanol plant to celebrate year round sales of E15. Sen. Joni Ernst (R-IA) introduced the president, and Trump in turn brought Iowa farmer and National Corn Growers Association (NCGA) first vice president Kevin Ross up to the … Read More
Ag Export Coalition Urges Increased Funding for Export Programs
More than 120 members of the Coalition to Promote U.S. Agricultural Exports are urging leaders of the House Committee on Agriculture to increase funding for USDA export promotion programs in the new farm bill. The coalition ssent a letter to Committee Chairman Michael Conaway (R-TX), and Ranking Minority Member Collin Peterson (D-MN), asking them to increase funding for the Market … Read More
U.S. Grain Inspection – What to Expect
One of the breakout sessions during the 2017 U.S. Soy Global Trade Exchange provided an overview on how the soy and grain inspection system operated. This gave U.S. growers a better understanding of how their grain was managed once it left the farm and more importantly provided international buyers with the information needed to ensure they were getting a quality … Read More
Nebraska Proudly Hosts #USSoyExchange
To kick off the 2017 U.S. Soy Global Trade Exchange, Nebraska Lieutenant Governor Mike Foley provided opening remarks to the international and domestic soybean audience. I was able to speak with the Lt. Governor who shared how proud the state is of its agricultural industry. He said, “It’s really the backbone of our economy. We like to grow things.” “It’s … Read More
GROWMARK and COFCO Announce Grain Partnership
GROWMARK and COFCO officials sign agreement A new grain partnership was created on Friday between agricultural cooperative GROWMARK, Inc. and global supply chain agribusiness COFCO International Limited (CIL) providing a direct link from farmers in the Midwest to the global marketplace, and China in particular. “We now have a direct pipeline from our growers to the end user,” said Brent … Read More
A Growing North Asia U.S. Soy Market
To kick off the 2017 U.S. Soy GLobal Trade Exchange eleven Chinese purchasing agreements were signed with five U.S. soybean exporters for 3.8 MMT valued at $1.561 billion. The U.S. Soybean Export Council (USSEC) and Midwest Shippers Association serve as hosts for the conference where over 250 international buyers representing over 55 countries attend. “These companies are very loyal buyers … Read More
Relationships Drive U.S. Soy Exports
The U.S. Soy Global Trade Exchange & Midwest Specialty Grains Conference and Trade Show in Omaha, Nebraska is running full tilt and Jamie Johansen has it covered. In her interview with U.S. Soybean Export Council (USSEC) CEO Jim Sutter, the two addressed the relationship building essential to trade and the reasons the global market chooses U.S. soy. “This [event] is just … Read More
International Buyers of U.S. Soy Convene in Omaha
Next week, U.S. soybean farmers will have the opportunity to meet the international buyers responsible for purchasing the 60% of soybeans exported from the U.S. each year. The U.S. Soybean Export Council (USSEC) will host its 5th annual U.S. Soy Global Trade Exchange Aug. 15-17 at Omaha’s CenturyLink Center. It will be our second year to cover the event and … Read More
Farm Equipment Exports Down 14 Percent
The first three quarters of the year show a 14 percent drop in U.S. agriculture equipment exports compared to the same time frame in 2015. That’s a difference of more than $5 billion, says the Association of Equipment Manufacturers (AEM). Europe and Central America continued to be the growth leaders with Asia leading the double-digit declines for the other world regions, according … Read More