Blog Archives

NCDA&CS Market Highlights for Monday, August 26

The following is a summary of market prices and conditions of North Carolina farm products for August 23, 2019 reported by the Federal-State Markets News Service of the North Carolina Department of Agriculture and Consumer Services.  All livestock is state

U.S.-Japan Reach Trade Agreement

The United States and Japan reached an agreement over the weekend on an agriculture-related trade deal. The agreement, according to President Trump, will lower tariffs on U.S. agricultural goods, although specific details have not been announced. President Trump during a

U.S. – Japan Trade Deal Reactions

Several agricultural commodity groups are excited about export prospects to a major market now that a trade agreement in principal has been reached between the U.S. and Japan:

Pro Farmer’s National Corn and Soybean Crop Estimates

Pro Farmer Friday released its crop estimates from the Pro Farmer Midwest Crop Tour. For corn, Pro Farmer estimates a 13.2 to 14.4 billion bushel crop in 2019, with an average yield of 163.3 bushels per acre. For soybeans, Pro

China Purchases U.S. Soybeans Despite Boycott

The National Review Dot Com says China bought a small amount of U.S. soybeans last week. The purchase happened in spite of promising to boycott U.S. farm products because of deteriorating trade negotiations with the Trump Administration. Data from the

ASA Responds to Further Trade Dispute Escalation from China

China has officially announced it will impose an extra five percent tariff on U.S. soybeans starting on September 1. They’ll also add another 10 percent in duties on other major U.S. crops grown by many American soybean farmers. The latest

U.S. Remains Quiet on China Trade Front

The Trump administration is not speaking out ahead of talks with China next week, fueling concerns that concessions by China may not be enough to satisfy U.S. demands. Bloomberg News reports the measures by China to open its economy “mostly

Secretary Perdue to Address AFBF Convention

Agriculture Secretary Sonny Perdue will address the closing general session at the 100th American Farm Bureau Federation Annual Convention and IDEAg Trade Show. Perdue will give his remarks on January 14th in New Orleans, Louisiana, as part of the centennial

NCDA&CS Market Highlights for Thursday January 3

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK   The following is a summary of market prices and conditions of North Carolina farm products for January 02, 2019 reported by the Federal-State Markets News Service of the North Carolina Department of

New Congress Convenes as Shutdown Delays Farm Payments

As the government shutdown continues, the Department of Agriculture and other federal departments are reaching a “breaking point,” according to Politico, as many agencies are running out of carryover funding. Democrats who now control the House of Representatives were expected