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U.S. chilled beef may see opportunity in South Korea

U.S. chilled beef may see opportunity in South Korea

Shipments of Australian beef into South Korea have reached more than 90% of the 2026 safeguard volume of 196,00 mt, meaning the tariff rate on Australian beef will soon jump from 5.3% to 24% for the remainder of the year. U.S. Meat Export Federation (USMEF) Vice President of Asia Pacific Jihae Yang said Korean retailers and restaurants are already placing orders for more U.S. chilled beef in response. It is not unusual for Australia to hit the safeguard level, but it typically happens much...

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Getting the most out of reciprocal trade agreements

Getting the most out of reciprocal trade agreements

Recently, the USDA hosted a trade mission to Argentina and Ecuador. While the two markets are distinct from each other, they also have many similarities. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg led the mission and said he was...

Soybean demand evolves beyond traditional export markets

Soybean demand evolves beyond traditional export markets

Export markets have long been a cornerstone of demand growth for U.S. soybeans. As global populations expand and incomes rise, increasing protein consumption continues to create opportunities for soybean farmers. However, industry leaders say the future of soybean...

Neutral June WASDE report had little impact on grain prices

Neutral June WASDE report had little impact on grain prices

A few slight offsetting changes in the June World Agricultural Supply and Demand Estimates (WASDE) report left the markets with very little to react to in Thursday’s trading session. That lines up with past years, though, as the June WASDE report is usually fairly...

Boozman says farm bill proposal coming soon

Boozman says farm bill proposal coming soon

Senate Ag Chair John Boozman says that the work on a bipartisan farm bill is about to yield results. Boozman says that the high prices of fertilizer and diesel fuel, labor and interest costs are all necessary reasons that farm policy needs to be updated and...

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Scouting now helps manage future rootworms

Scouting now helps manage future rootworms

Corn rootworm larvae are already active in many Iowa fields, but much of the damage they cause remains hidden below the soil surface. Agronomists say that makes scouting and monitoring especially important, even when crops appear healthy above ground. Dan Etter, a...