Language against trade talks with China in the U.S.-Mexico-Canada Agreement is not surprising, according to a Chinese editorial. The South China Morning Post, an English language newspaper based in China, says the policy is perhaps the worst feature of the USMCA for Beijing, as it may become a template for future trade talks Trump holds with allies such as Japan, India and the European Union. Article 32.10 in the preliminary agreement gives the U.S. “virtual veto power” over any bilateral deal Canada or Mexico may wish to reach with “a non-market country,” being China. The editorial calls the policy a “last minute demand” by the U.S., adding that ” there was probably little Canada and Mexico could or would do to resist it.” China is Canada’s second-largest trading partner and the fourth-largest trading partner for Mexico.
Author: Agriculture News
CoBank: USMCA Provides Certainty, But More is Needed
The overhauled North American Free Trade Agreement, now named the United States-Mexico-Canada Agreement, or USMCA, will accomplish important objectives for U.S. agriculture, according to CoBank. However, a report by CoBank says what was not accomplished in the agreement is just as important. The report says that while having an agreement improves certainty, brings more market access and allows the White House to focus trade talks on fewer fronts, it does not provide a pathway to eliminate existing retaliatory tariffs where industries such as dairy and pork have been hardest hit. A CoBank representative says Canada and Mexico still have tariffs in place that affect the U.S. dairy, pork and beef sectors, adding “U.S. agriculture will have much more to celebrate when those barriers are removed.”
Monday’s Closing Grain Bids
October 8th, 2018
St Joseph |
|
Yellow Corn |
3.21 |
White Corn |
3.21 |
Soybeans |
7.85 – 8.23 |
LifeLine Foods |
3.30 |
|
|
|
Atchison |
|
Yellow Corn |
3.09 – 3.17 |
Soybeans |
7.82 |
Hard Wheat |
4.57 |
Soft Wheat |
4.39 |
|
|
|
Kansas City Truck Bids |
|
Yellow Corn |
3.18 – 3.20 |
White Corn |
no bid |
Soybeans |
8.49 |
Hard Wheat |
5.17 |
Soft Wheat |
4.90 |
Sorghum |
5.48 |
For more information, contact the 680 KFEQ Farm Department.
816-233-8881.
Governor Mike Parson, Director of Agriculture Chris Chinn to proclaim October as Missouri Pork Month
At a ceremony to be held Monday, Oct. 15, 2018, at the Missouri Department of Agriculture, Gov. Mike Parson and Director of Agriculture Chris Chinn will proclaim October as Pork Month in Missouri in recognition of the commitment of the state’s pork producers. As the official Missouri Pork Month celebration, the event will recognize the farmers and farm families that raise the more than 3.4 million hogs raised in the state. Missouri’s pork industry ranks seventh in the nation and contributes $1 billion to the state’s economy annually.
Claims Filing Deadline in Syngenta Corn Seed Class Action Settlement is Friday
The Claims Administrator of the $1.51 billion settlement reached in In re Syngenta MIR162 Corn Litigation, No. 14-md-2591-JWL-JPO and other related actions issues the following announcement on behalf of Settlement Class Counsel to remind corn farmers, ethanol plants, and grain handling facilities that the deadline to file a claim in this settlement is this Friday, October 12, 2018. Corn farmers, ethanol plants, and grain handling facilities should go to the settlement’s official website, www.CornSeedSettlement.com, to submit claims quickly and easily online. These electronic claims must be submitted by October 12, 2018. Class members can also download claim forms from www.CornSeedSettlement.com to print and mail to the Claims Administrator. Hard copy claim forms must be postmarked by October 12, 2018. For more information, go to www.CornSeedSettlement.com, email the Claims Administrator at Questions@CornSeedSettlement.com, or call 1-833-567-CORN (1-833-567-2676). The Claims Administrator will help everyone with this process.
Trade War Benefiting U.S. Food Banks

Food banks are benefiting from President Trump’s trade war with China. USA Today reports the tit-for-tat trade war offers more variety for U.S. food banks through the administration’s trade mitigation package for farmers. With the Department of Agriculture buying commodities to help ease the burden on farmers, those items will show up in U.S. food banks, including meat, dairy products, fruits and vegetables. As part of the trade aid package, USDA announced it would purchase roughly $1.2 billion in commodities that are “unfairly targeted” by China. Of the purchases to be spread over the current fiscal year that started this month, pork is expected to account for nearly half, $559 million, followed by apples, oranges and orange juice, dairy products and pistachios – each at more than $80 million.
Purdue: GMO Labeling Law Still Expected This Year
The GMO Labeling law mandated by Congress will be established by the end of this year, according to Agriculture Secretary Sonny Perdue. Perdue told Organic Insider last week that despite delays, USDA will finalize the law yet this year. Congress passed a bill in 2016 that mandated the Department of Agriculture to create and implement the regulation by July 29, 2018. However, USDA missed that deadline, largely due to review delays in the rulemaking process, according to Perdue. The Center for Food Safety filed a lawsuit against USDA in August for failing to meet the deadlines. At the time, the organization said: “Trump, Perdue, and their corporate lobbyists may want indefinite delay and keeping Americans in the dark, but the law doesn’t permit it.”
Perdue Favors Removal of Section 232 Tariffs on Canada, Mexico
Agriculture Secretary Sonny Perdue says he favors removing the Section 232 tariffs on Canadian and Mexican steel and aluminum which has led those countries to impose tariffs on U.S. farm products. Perdue acknowledged that the tariffs have “a dampening effect” on the benefits of the new U.S.-Mexico-Canada Agreement, according to the Hagstrom Report. Perdue said: “I would be an advocate for relaxing those,” in a speech to a joint meeting of the North American Meat Institute, the Canadian Meat Council and a Mexican meat industry group. The section 232 steel and aluminum tariffs are separate from the USMCA that will replace the North American Free Trade Agreement. Perdue says the White House and Trade Representative Robert Lighthizer discussed the tariffs during a recent meeting, but no conclusion was reached.
Friday’s Closing Grain Bids
October 5th, 2018
St Joseph |
|
Yellow Corn |
3.18 |
White Corn |
3.18 |
Soybeans |
7.84 – 8.21 |
LifeLine Foods |
3.31 |
|
|
|
Atchison |
|
Yellow Corn |
3.11 – 3.18 |
Soybeans |
7.82 |
Hard Wheat |
4.64 |
Soft Wheat |
4.46 |
|
|
|
Kansas City Truck Bids |
|
Yellow Corn |
3.20 – 3.21 |
White Corn |
no bid |
Soybeans |
8.49 |
Hard Wheat |
5.24 |
Soft Wheat |
4.96 |
Sorghum |
5.50 |
For more information, contact the 680 KFEQ Farm Department.
816-233-8881.
China Ambassador to U.S. Says China Wants to Engage in Talks
China wants to end the trade war with the U.S., according to its ambassador to the United States. In an exclusive interview with National Public Radio this week, China’s ambassador to the United States says his country is “ready to make a deal” if they could find a trustworthy partner in Washington. The ambassador accused the United States of constantly shifting positions and passing up opportunities for agreement. The U.S. is engaged in a trade war with China, and the goal appears to be to suppress trade between China and other trading partners, along with implications between U.S.-China trade. The ambassador said China is “ready to make some compromise,” and even “willing to take steps to reduce the U.S. trade deficit with China.” The Trump administration maintains that China is not as accommodating as its trying to imply.