Vietnam is signing a series of agreements with American ag companies, which is expected to result in the country purchasing more than $2 billion in U.S. ag products.
A delegation has been on a multi-state mission, which kicked off in Iowa.
Ralph Lents with the Iowa Corn Promotion Board spoke with RFD-TV’s Tammi Arender about what these agreements mean for the state’s producers, expansion of a gasoline mandate, and an update on current conditions.
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RealAg Radio’s Shaun Haney recaps Farm Credit Canada’s trade forum, Canadian producer sentiment ahead of the USMCA review, and his outlook for U.S.-Canada trade relations.
USDA raised exports by $2.5 billion from February, while imports are forecast at $205.5 billion. The resulting $29 billion agricultural trade deficit remains a reminder that higher shipments alone do not resolve trade pressure.
Corn is the clear export leader heading into summer.
The U.S. Meat Export Federation says the agreement could be used to improve market access for American beef and pork producers in Africa.
Industry leaders highlighted trade concerns, export opportunities and the importance of maintaining momentum behind the agreement.