STAFF BLOG AG RIGHT Keeping tabs on trade barriers
Foreign trade barriers are a huge problem for U.S. agricultural producers. Too many countries try, in one form or another, to keep out U.S. ag products.
Keeping track of all the roadblocks is no easy... Posted on 4/18/12 at 3:38 PM
Chinese buyers might default on a further 1.2 million metric tons (1.32 million tons) of soybeans worth about $900 million being shipped from the U.S. and South America, to avoid incurring huge losses in a depressed local market, the country’s top soy buyer says.
A group of traders has sued CME Group Inc., accusing the operator of the world’s largest derivatives exchange of selling market data to high-frequency traders, cheating other investors who lacked such access.
China, the world’s No. 1 pork consumer, has slapped “temporary restrictions” on imports of U.S. pigs to prevent Porcine Epidemic Diarrhea virus (PEDv) from spreading to its herd, according to a report by Bloomberg citing the Livestock Exporters Association of the USA.
China’s approval process for GMO grains has become “overly political,” “unpredictable and nontransparent,” an American industry group said on Thursday, in the strongest criticism of Beijing’s biotech policy since China began rejecting thousands of metric tons of genetically modified corn last year.
Ministers in 12-nation Trans-Pacific trade talks said on Tuesday they had yet to reach agreement on tariffs and other market access issues, with the timing of a completed deal looking increasingly unclear.
Rachel Armstrong and Masayuki Kitano
, February 25, 2014
U.S. Trade Representative Michael Froman signaled late Thursday that the Obama administration plans to convince Congress to pass trade promotion authority by negotiating such a strong Trans-Pacific Partnership Agreement that members will want to give the administration the authority to finish it.
The United States and Japan will aim to find common ground on sticking points such as agriculture and autos at the next round of negotiations on a Pacific Rim trade pact, the U.S. Trade Representative said on Saturday after top-level talks.
Milk powder buyers in China are starting to cut their reliance on New Zealand’s Fonterra, opening the way for U.S. and European firms to break the dairy giant’s grip on an infant milk formula market set to double to $25 billion by 2017.
Adam Jourdan and Naomi Tajitsu
, December 30, 2013
Chances of a breakthrough in global trade negotiations dimmed Dec. 4 as India refused to budge on food subsidies that are an obstacle to an eleventh-hour agreement at a World Trade Organization summit.
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