Soybean growers could take a hit this year if port fees are added to Chinese-built ships, Senator Chuck Grassley warns.
“Right now, our lower shipping costs make Ag products like Iowa corn and soybeans competitive with Brazilian corn and beans. If a maximum fee were put in place, our farmers would lose their edge and cede even more market share to competitors in South America.”
Grassley says he hopes U.S. Trade Rep Jamieson Greer takes farmer concerns seriously as they decide the next steps. Some groups say smaller ports would suffer under the deal, possibly putting the supply chain in jeopardy.
Related Stories
Malone, Senior Director of Trade Execution at Bunge, emphasized the importance of spaces where women can engage in meaningful conversations about global trade, supply chains, and leadership opportunities.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
We caught up with Karen Braun, Chief Market Analyst at Zaner Ag Hedge, at the Women in Agribusiness to discuss the data behind commodity trading.
North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
A booming butterfat market is good for some dairy products but threatens efficiency and margins for cheesemakers unless protein levels catch up
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
