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U.S. Trade Deficit Exploded In 2018

In 2018, the trade records came tumbling down, including the highest-ever imports from China, though President Trump's trade war did seem to put a damper on U.S. exports to China.For the first time in 12 years, the United States set a record for total trade, total exports, total imports and total deficit all in one year, according to U.S. Census Bureau data released today.The U.S. trade deficit exploded in 2018, reaching $878.68 billion. It had not topped $800 billion since 2008, though it has increased seven of the last nine years. The previous record year was 2006. [node:read-more:link]

Under Trump, the EPA’s enforcement efforts fall to a 40-year low in this one key area

As the Trump administration draws flak for how it’s running the Environmental Protection Agency, one critic is putting out charts like the one above to make his case. The Environmental Data & Governance Initiative’s Chris Sellers provided the above graphic and others to a Democratic-controlled House subcommittee that held a hearing last week on a drop in the EPA’s enforcement efforts. The chart shows how “civil judicial referrals” have slumped to a level last seen in 1976. [node:read-more:link]

United States Wins WTO Dispute Finding China Provides Excessive Government Support to its Grain Producers

U.S. Trade Representative Robert Lighthizer and Secretary of Agriculture Sonny Perdue announced today that a World Trade Organization (WTO) dispute settlement panel found that China has provided trade distorting domestic support to its grain producers well in excess of its commitments under WTO rules.  China’s market price support policy artificially raises Chinese prices for grains above market levels, creating incentives for increased Chinese production of agricultural products and reduced imports. This panel report is a significant victory for U.S. [node:read-more:link]

US farmers fear Trump’s assault on WTO hurts them

Donald Trump’s attack on the World Trade Organization has U.S. farmers worried that the president’s ‘America first’ foreign policy approach will hamstring efforts to defend their interests. The U.S. is strangling the ability of the WTO, which oversees the rules for nearly $23 trillion in commerce every year, to resolve disputes among its 164 members. But when the WTO’s appellate body becomes incapacitated later this year, even the U.S. cases, of which there are at least two pending meant to protect American agriculture, would be derailed. [node:read-more:link]

SNAP proposal means more hunger, not jobs, Democrats tell Perdue

The Trump administration will shift able-bodied Americans into better-paying jobs through stricter enforcement of a 90-day limit on food stamps, Agriculture Secretary Sonny Perdue told skeptical House lawmakers on Wednesday. Democrats such as Rep. Jim McGovern demanded proof that the plan would work and warned of litigation to stop the proposal, which could end SNAP benefits to more than 700,000 people. Congress rejected stricter SNAP work requirements in the 2018 farm law. All the same, President Trump announced “immediate action on welfare reform” as he signed the farm bill. [node:read-more:link]

New Farm Bill includes crop insurance updates

With the 2019 sign-up deadline arriving on March 15, refinements in federal crop insurance from the new Farm Bill were outlined for farmers at the 2019 series of update meetings sponsored by Premier Insurance Solutions LLC.  A policy change for 2019 allows insured farmers to change their elections on the Agricultural Risk Coverage (ARC) and Price Risk Coverage (PLC) indemnities for both this year and 2020 and then be able to switch between them in each following year.  Those who choose PLC may be able to update their crop base acres and yields.The fee for catastrophic insurance has been rai [node:read-more:link]

The 2019 Outlook for U.S. Agriculture From USDA’s Chief Economist

Speaking on Thursday at USDA’s Agricultural Outlook Forum in Arlington, Virginia, USDA Chief Economist Robert C. Johansson provided a broad outlook for U.S. agriculture.  Today’s update provides an overview of key aspects of Dr. Johansson’s presentation. In his speech Dr. Johansson noted that, “A growing U.S. economy helps farm household income, but falling commodity prices in recent years for a host of reasons have weighed on farm income. Over the past couple of years the dramatic fall in net farm income in 2015 and 2016 seems to be leveling out at a lower level. [node:read-more:link]

The 2018 Farm Bill: Refinancing the Rural Community, Reinvigorating Growth

Called in full the Rural Infrastructure and Economic Development title, Title VI of the Bill covers rural development policies and programs across the U.S. Broadly, these policies are intended to support rural growth and economic sustainability for food suppliers and distributors in non-urban areas. Its two primary policies are: The Rural Development Act (RDA), which provides grants and loans to rural businesses and organizations that are trying to improve their health, community, and economy. [node:read-more:link]

US, Canada, Mexico to work together to prevent ASF spread

The United States, Canada and Mexico are partnering to prevent the African swine fever (ASF) virus from entering their borders. ASF has been spreading throughout pig farms and wild boar in China and parts of Europe since last summer, and has resulted in the death or culling of hundreds of thousands of pigs. It recently was detected for the first time in Vietnam.Although ASF does not affect humans, it is highly contagious and deadly among pigs, cannot be cured and has no vaccine.At the U.S. Department of Agriculture’s Annual Agriculture Outlook Forum this week, U.S. [node:read-more:link]

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