In the Press
For how much talk that has been made about the decline in soybean demand due to many factors, corn demand has held its own through the second half of 2018. That was one of the points made at last week’s Agriculture Policy and Outlook Conference, hosted by The Ohio State University.
The reason we have a trade deficit in the US is because we have a high consumption rate in the US.
This is good news for producers and for the ag sector. The longer the conflict lasts, the greater the chance global trade flows will be impacted long-term.
Trade and tariffs continue to be a big topic of interest in agriculture. We have a new trade deal to replace NAFTA, but the trade war with China continues. In Episode 12, we talk with Dr. Ian Sheldon from the Department of Agricultural, Environmental, and Development Economics.
New Report Provides Guidance to USDA for Updating Its Data Programs to More Completely Understand American Agriculture
Ani Katchova in National Academies news release. The report provides recommendations to help USDA identify new approaches for effectively collecting data and reporting information about American agriculture, given the increased complexity of farm businesses in recent decades.
Ani Katchova, Ian Sheldon, and Ben Brown in Columbus Dispatch
At 8:52 Matt Reese’s talk with Ohio State University economist Ian Sheldon on trade issues and the confusing impacts of tariffs.
The new trade agreement between the United States, Mexico and Canada offered some rare good news for struggling domestic dairy farmers.
The newly renegotiated trade agreement involving the United States, Canada and Mexico offers farmers a bit more security about markets for dairy, corn and other products, but hefty Mexican tariffs still in place hinder business, according to an agricultural trade specialist with The Ohio State University.
This fall most farmers in Ohio will be grinning at the numbers they see on their yield monitors and scowling at the numbers they see in the markets as combines roll through crop fields.