The new Japan trade deal represents a big win for American agriculture. The agreement includes the purchase of $8 billion of U.S. goods, along with an expansion of rice imports.
Frequent Market Day Report guest Jeremy Zwinger of Farm and Trade joined RFD-TV’s Suzanne Alexander to discuss how the markets are following the announcement, if it is a big boost for rice producers in the United States, and how big a market Japan is for U.S. rice.
Hear from California rice grower, Charley Mathews Jr., about what the trade deal means to him.
Related Stories
Geopolitical risk is rapidly increasing fertilizer price volatility before planting.
China may no longer serve as a consistent anchor market for U.S. cotton exports. Lewis Williamson of HTS Commodities joined us to discuss the factors influencing planting decisions, river conditions, and what producers are considering as they finalize acreage plans for the season.
Heightened Chinese inspections increase trade volatility for U.S. livestock exporters.
Expanded global trade access boosts long-term export demand potential for U.S. ag products.
Fertilizer still consumes an unusually large share of crop value.
The global rice surplus outweighs tighter U.S. supplies, pressuring prices.
