After weeks of speculation, the U.S. Trade Representative says fees on Chinese-made ships are on the horizon.
Starting in October, the U.S. will charge Chinese-built ships and operators based on cargo volumes. This will not apply to ships arriving at U.S. ports empty or those on shorter trips.
The fee will be $50 per net ton and will increase by $30 each year over the next three years. Leaders at the Ag Transportation Coalition tell AgriPulse the final list of fees is better, but not good enough, warning the cost to ship commodities, like soybeans, could go up.
Related Stories
The $221 million will help farmers and ranchers cover losses from Hurricane Helene that USDA programs didn’t cover. They’ll focus on infrastructure, markets, timber, and future economic losses.
Tom Peterson with the New Mexico Cattle Growers Association says taxpayers are “unfortunate casualties” of this overlay now that the Mexican wolf population is stable under ESA guidelines.
Co-Bank Lead Dairy Economist, Corey Geiger, joined us on Friday’s Market Day Report for a further look at the drop in replacement heifers and the trend’s longterm impact on dairy producers and cattle prices.
The agriculture workforce’s struggles with labor issues in recent years have opened the door to more automation and integration of artificial intelligence (AI).
Raising crops requires hard work and dedication, and the same can be said for raising a child. In Virginia, a group of moms is leading the way in combining nurturing with farming.
