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
Mexico and Canada remain critical buyers for U.S. corn, pork, dairy, beef, wheat, and other products.
U.S. consumers are still reaching for beef even though the country now produces more pork than beef.
StoneX Director of Fertilizer, Josh Linville, joins us to discuss fertilizer market trends and risk management strategies to navigate an uncertain farm economy and fluctuating agricultural input costs.
Panama matters to agriculture as both a freight corridor and a potential future market for U.S. ethanol.
Ethanol and feed coproduct exports remain strong outlets for corn demand, even after April’s pullback.
Dr. Stephanie Mercier, Senior Policy Adviser for the Farm Journal Foundation, discusses USDA’s New World Screwworm eradication, sterile fly production, trade restrictions, biosecurity, and the path ahead for U.S. cattle producers.
