Tag Archives: trade

Russia’s nixing of Ukraine grain deal deepens worries about global food supply

From npr.org On July 17 the Russian government announced that it was pulling out of a deal to facilitate the export of millions of tons of grain from Ukrainian ports. The arrangement had been in place since July 2022. The Kremlin’s move immediately sparked concern, particularly in food insecure countries. Read the rest of the article here. Read More »

What happens if Black Sea grain corridor deal is not extended?

From Reuters A deal allowing Ukraine to export grain via the Black Sea expires on July 17 and with Moscow saying it sees no grounds for an extension there are fears it may collapse. Why is it important? Ukraine is a major producer of grains and oilseeds and the interruption to its exports at the outbreak of war pushed global ... Read More »

U.S. Wheat revives marketing conference in Asia

From the Capital Press U.S. Wheat Associates, the overseas marketing arm for American wheat farmers, recently held its South and Southeast Asia Marketing Conference for the first time in 12 years. During the conference, industry members establish or strengthen relationships with buyers and looks for opportunities for collaboration to increase the use of U.S. wheat classes, said Joe Sowers, regional ... Read More »

Wheat Industry Welcomes New Check on India’s Wheat, Rice Subsidy Scheme

U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) today praised the Office of the United States Trade Representative (USTR) for submitting a counter-notification on India’s wheat and rice subsidies to the WTO April 6, 2023. The filing on the WTO website can be seen here. Like another filing on the same commodities in 2018, this U.S. ... Read More »

US share of South Korea’s wheat market dipped in 2022

From the Capital Press South Korean flour millers last year purchased more wheat from Australia than they did from America because of higher U.S. prices that were a result of drought in 2021-2022. “Hopefully, U.S. wheat will regain the top position this year,” said Dong-Chan Bae, director of the U.S. Wheat Associates South Korea office in Seoul. Bae spoke to ... Read More »

Wheat Growers Encourage Additional MAP and FMD Funding

As Congress gears up for farm bill reauthorization, the National Association of Wheat Growers (NAWG) and U.S. Wheat Associates (USW) are announcing advocacy tools and resources to engage with their legislators on the Expanding Agricultural Exports Act (S. 176) and Agriculture Export Promotion Act (H.R. 648), which the wheat industry welcomed. Because half of the wheat grown in the U.S. ... Read More »

Wheat growers welcome legislation supporting increased export promotion funding

U.S. wheat growers have a long history of recognizing the value of export market development by supporting the successful public-private partnership with USDA’s Foreign Agricultural Service (FAS). That is why U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) welcome the introduction of the Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act of 2022 in the ... Read More »

As war in Ukraine threatens global wheat supply, Washington farmers ‘pray for rain’ and good harvest

From The Spokesman-Review Russia’s invasion of Ukraine has sent global food prices soaring, but Washington wheat farmers like Marci Green aren’t celebrating. Green, a sixth-generation farmer who grows wheat outside Fairfield, is concerned rising costs of supplies like fuel and fertilizer will whittle away at this year’s profits even after wheat prices hit a record high in March. She’s also ... Read More »

2021 ag exports of $177 billion shatter previous record

From Farm Progress U.S. agricultural exports soared to a record-breaking $177 billion during the 2021 calendar year, besting the previous record of nearly $155 billion set in 2014. It represented an increase of 18% from 2020 export sales receipts on soaring commodity prices and robust international food and feed demand. Read the rest of the article here. Read More »

Vietnam eliminates U.S. wheat import tariff

From the Capital Press The government of Vietnam will eliminate a 3% tariff on U.S. wheat imports effective Dec. 30. The Southeast Asia nation was the lone remaining Comprehensive and Progressive Trans-Pacific Partnership country applying a tariff on U.S. wheat imports but not on those from Canadian and Australian wheat. Read the rest of the article here. Read More »