More U.S. agriculture could soon flow into Japan. Last night, President Trump announced a trade deal worth billions of dollars.
In a post to “Truth Social,” Trump says Japan will invest around $550 billion in the United States. Japan will also open up to trade more rice and other farm products. With this deal in place, Trump says Japan will pay a 15 percent reciprocal tariff.
Japan is a big market for U.S. ag products. In 2022, the International Trade Administration put Japan as the fourth-largest export market for U.S. ag goods.
Related Stories
The most notable crop changes came in wheat.
Secretary Rollins says the first U.S. calf infected with screwworm responded to treatment and is back to full health.
Global supply routes and U.S. energy inventories remain key factors for fuel markets
Trade estimates point to only modest changes in U.S. grain ending stocks ahead of USDA’s June 11 WASDE report.
Global fiber demand is growing, but cotton producers benefit only when cotton gains value and competes for market share.
The American Society of Farm Managers and Rural Appraisers shares an update on commodity prices and farmland trends in Nebraska and South Dakota.
