Government, Business, Logistics

As China Halts US Soy Purchases, ‘Unknown’ Buyers Step Up

Soybean Harvest Soybeans being harvested on a farm (Daniel Acker/Bloomberg News)

While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to “unknown destinations.”

Michael Hirtzer | Bloomberg News
August 7, 2019
Government, Business

Farm Suppliers Absorb Trade, Weather Blows Better Than Expected

Farming Shannon VanRaes/Bloomberg News

So far, the unprecedented trade and weather disruptions that are roiling American farmers aren’t stopping their suppliers from raking in profits.

Lydia Mulvany | Bloomberg News
July 30, 2019
Government, Business, Logistics

Majority of Trade Aid Went to Biggest Farms, Study Finds

Farm Daniel Acker/Bloomberg News

More than half of the Trump administration’s trade war aid for farmers went to just 10% of the recipients in the program, according to analysis of payments by an environmental organization.

Mike Dorning | Bloomberg News
July 30, 2019
Government, Equipment

US to Roll Out $16 Billion in Farm Aid for China Trade War

Farmers Daniel Acker/Bloomberg News

The U.S. Department of Agriculture is preparing to roll out an additional $16 billion in aid to farmers hurt by the Trump administration’s trade war with China, with payments to begin next month.

July 25, 2019
Business, Logistics

Corn in Recovery Mode With Summer Weather Here

Corn Daniel Acker/Bloomberg News

After a cold, soggy start to the season, it’s finally feeling like summer in the Midwest, and corn fields are recovering. A turn toward warmer weather should be beneficial for the battered crop, and government data signal that conditions are starting to bottom out.

Michael Hirtzer | Bloomberg News
July 9, 2019
Business, Logistics

Midwest Deluge Spurs Cut in US Estimate for Soybean Acreage

Soybeans Daniel Acker/Bloomberg News

The spring deluge in the Midwest and Great Plains spurred a cut in the U.S. forecast for soybean acreage, a bigger reduction than analysts expected.

Patrick McKiernan | Bloomberg News
June 28, 2019
Government, Business, Logistics

Surging Corn Prices Put US Wheat Back in the Feed Trough

Corn Daniel Acker/Bloomberg News

A looming shortfall in U.S. corn production after a historical spat of wet weather means wheat is back on the menu at cattle feedlots in the southern Plains.

Michael Hirtzer | Bloomberg News
June 26, 2019
Government, Business

US-Mexico Showdown Puts $45 Billion Food Trade in Crosshairs

Farming Chris Ratcliffe/Bloomberg News

Meat and grains, fruits, vegetables and even sugar. These are the dinner-table goods that are regularly imported back and forth between Mexico and the United States.

June 5, 2019
Government, Business, Safety

Grain Farmers Besieged by Trade Threats, Unrelenting Rain

Flooding Flooding is taking place across the midwest and southern regions of the U.S. (Daniel Acker/Bloomberg News)

There has never been a spring planting season like this one. Rivers topped their banks. Levees were breached. Fields filled with water and mud. And it kept raining.

June 3, 2019
Government, Business, Logistics

China Puts US Soy Buying on Hold as Tariff War Escalates

Soybeans Daniel Acker/Bloomberg News

China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated, according to people familiar with the matter.

May 30, 2019