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Below you'll find a list of all posts that have been categorized as “Trade”
U.S. agricultural exports are forecast at $170 billion in fiscal year (FY) 2025, an increase of $500 million from the August forecast. Ag imports in FY 2025 are forecast at $215.5 billion, an increase of $3.5 billion from the August forecast and $9.3 billion more than the $206.2 billion recorded in FY 2024. These latest forecasts are according to the …
By Clint Thompson A new administration in the White House beginning in 2025 provides a fresh start for the agricultural community. Bob Redding, who works for the Redding Firm and serves as a lobbyist for agricultural groups in Washington, D.C., discussed the ramifications of the November election and what can be expected in the agricultural industry moving forward. “I think …
By Clint Thompson Agricultural imports are so commonplace that a projected increase is not a surprise to Chris Butts, executive director of the Georgia Fruit and Vegetable Growers Association (GFVGA); disappointing but not surprising. Ag imports in fiscal year (FY) 2025 are forecast at $212 billion, according to the U.S. Department of Agriculture (USDA) Economic Research Service and Foreign Agricultural …
While meeting with reporters at the National Association of Farm Broadcasting annual convention, USDA Undersecretary for Trade, Alexis Taylor, keyed in on trade missions that could be particularly beneficial to the nation’s specialty crop industries. Taylor said funding from the USDA will also help the industry with trade challenges. “In addition to some market development work, we’re doing a hundred …
By Frank Giles Michael Schadler, executive vice president of the Florida Tomato Exchange, discusses how the season has progressed and ongoing trade issues with Mexico. How has the tomato season gone thus far for Florida growers? Schadler: The start of the season was tremendously challenging for much of the industry due to Hurricane Ian. The fall crop in parts of Central …
A country known for its many purchases of U.S. agricultural products could soon become a greater buyer following an agricultural trade mission (ATM). Under Secretary of Agriculture for Trade Alexis Taylor brought almost 40 U.S. food companies and commodity groups to Japan in hopes of boosting farm and food exports to the country. “I heard a lot of real positive …
U.S. agricultural exports in fiscal year (FY) 2023 are forecast at $181.0 billion, down $3.5 billion from the February forecast, according to the U.S. Department of Agriculture Economic Research Service and Foreign Agricultural Service Situation and Outlook Report. Horticultural exports are unchanged at $39.0 billion, though the forecast for sugar and tropical product exports is revised up $400 million to …
By Clint Thompson The specialty crop sector would be challenged to find a company more passionate and devoted to the future and sustainability of its farmers than those affiliated with Lewis Taylor Farms. Bill Brim, co-owner of the farming operation in Tifton, Georgia, has long advocated for the American farmer and against unfair trade which has negatively impacted producers across …
By Clint Thompson The United States’ trade deficit with Mexico regarding fresh fruits and vegetables directly impacts Florida’s specialty crop producers. With imports from Mexico intensifying in recent years, the problem has increasingly become worse, according to University of Florida (UF) associate professor Zhengfei Guan. He highlighted the problem during last week’s Florida Agricultural Policy Outlook Conference. “We see that …
By Clint Thompson Fruit and vegetable producers in the Southeast will be disappointed to learn that the U.S. Department of Agriculture’s (USDA) revised Fiscal Year (FY) 2023 trade forecast projects lower exports and a record imports, according to Seth Meyer, chief economist with the USDA. He provided the update during the USDA Agricultural Outlook Forum held last week. Exports are …
