farm exports

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A western Kansas farming family struggling to keep their fifth-generation farming operation afloat amidst a slump in corn, wheat and other commodity prices is featured in a Wall Street Journal article about the struggling farm economy.

The ongoing slump in corn, wheat and other commodity prices, caused by global oversupply, is putting many farmers in debt and in some cases, resulting in farm closures.

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Even though many farmers are stewing over President Donald Trump’s moves to formally withdraw from the Trans-Pacific Partnership, House Agricultural Chairman Mike Conaway thinks Trump could get the agriculture industry a better deal.

50states.com

Rural Colorado is most at risk in Trump trade war with Mexico.

As The Denver Post reports, if the Trump Administration imposes a 20 percent levy on Mexican imports to help pay for a border wall, a move that could cause Mexico to retaliate, it would put Colorado’s ranchers, manufacturers and natural gas producers at risk.

Is it time for Midwest exports to Cuba?

Feb 22, 2015
USDA

Agriculture Secretary Tom Vilsack says it’s time for the U.S. to engage with Cuban markets. But some Republican leaders remain skeptical.

Vilsack, who was in metro Kansas City on Tuesday, says increasing U.S. exports to Cuba could help Midwest farmers.

“The reality is we used to do roughly $600 million of business in that country. It’s about a $1.7 billion dollar market. Wheat is certainly one area, poultry is another area, soybeans is another area.”

When headlines surfaced last week that Russia would block U.S. agricultural imports, the news seemed dire, or at the very least, unpredictable.

The day it was announced, markets reacted, with Agrimoney.com calling a surge in wheat prices the “Putin premium.”

100 years on, Panama Canal still vital to farm economy

Jul 7, 2014
Jean-Pierre Martineau/Flickr

When it opened in 1914, the Panama Canal introduced the harvest from Midwest farms to the world and helped link U.S. farmers to the global economy. Nearly a century-old, the canal today remains an important connector of global trade, from the U.S. heartland to Asia.

“Obviously it’s one of our major achievements,” said Bill Angrick, a former state Ombudsman of Iowa who was born in the Canal Zone and has studied the engineering marvel. “It’s like going to the moon. It’s something we did well and did right.”

Vilsack to China: Get up to speed on GMOs

Dec 18, 2013
commons.wikimedia.org

Agriculture Secretary Tom Vilsack will travel to China this week to ask Chinese regulators to get on the same page as the U.S. when it comes to evaluating genetically modified crops.

http://a-ward.com/industry/food-industry/

A huge new rail yard has been buzzing on the outskirts of Decatur, Ill. Agribusiness giant Archer Daniels Midland (ADM) recently opened the 275-acre facility that would be at home at any major port city on the coast. But it’s in the heart of Illinois farm country because farmers have been taking advantage of a new method of shipping out their products.