Trade

Soybean Growers Relieved to Hear Positive Trade News from G20

The American Soybean Association (ASA) was pleased to hear positive reports from the G20 Summit Saturday night that President Trump and Chinese President Xi Jinping have potentially agreed to deescalate the current trade friction by not raising tariffs further while negotiations continue. According to a White House statement, China has also agreed to purchase more … Read More »

ASA Japan Comments Submitted to USTR

ASA coordinated with USSEC submitting joint comments and objectives for a U.S. – Japan Free Trade Agreement to the USTR, highlighting reducing tariffs and increasing market access as key objectives for both in the upcoming Free Trade Agreement with Japan. Japan is the fifth-largest market for U.S. soybean exports, with shipments valued at $976 million … Read More »

El Salvador Evaluates New U.S. Soy Recipes for School Meals

WISHH’s work in Central America and U.S.-based trainings have prompted El Salvador’s Ministry of Education and a non-governmental organization to evaluate three new recipes made with U.S. soy and corn for the country’s school meal program that feeds 1.2 million children. A long-time WISHH supply chain partner company based in Guatemala, the Alimentos, S.A. company, … Read More »

Midterms Over, Soy Looks to Future with Hopes of New Farm Bill

The polls are closed, the votes are in. No matter the final tally of D’s or R’s, the soybean industry is eager to work with the new Congress in January and, meantime, see the 115th Congress conclude with a successful swan song, one note of which it hopes is a new farm bill. Agriculture has … Read More »

November President’s Message

Dear Soy Family, I hope this letter finds you after, or as you work through, a safe and successful harvest. I know it’s easy to get caught up in the politics of farming and to focus on how the trade outlook will affect decisions for next year, but harvest season always reminds me why I … Read More »

U.S. Philippines Possible Free Trade Agreement

U.S. Trade Representative Robert Lighthizer and his Philippine counterpart announced this week that the two countries agreed to improve agricultural trade by working towards reducing tariff and non-tariff barriers. This is a possible first step in moving towards a free trade agreement with the Philippines, which ASA has on its short list of desired trading … Read More »

Continuing Momentum of Free Trade Agreements Welcome News for Soybean Growers

Trade negotiations are officially on the horizon with the European Union, Japan and the United Kingdom, continuing the momentum generated by a bilateral deal with South Korea (KORUS) and a renegotiated NAFTA agreement with Mexico and Canada, now the USMCA. The American Soybean Association (ASA) has consistently requested a negotiated solution to the trade war … Read More »

New ‘NAFTA’ Announced: Soybean Growers Pleased Administration has Reached Deal with Canada and Mexico

The Administration’s announcement that it has reached an agreement with Canada, bringing to fruition a trilateral trade agreement including Mexico, is welcome news for soy growers. Once approved by Congress, a finalized U.S.-Mexico-Canada agreement will bring stability back to the North American markets. Under NAFTA, U.S. soy exports to Canada and Mexico were almost $3 … Read More »

Soy Family Participates in Taiwan Goodwill Mission and Signing Ceremony

U.S. soybean farmers have been present and active developing demand and utilization of soy in Taiwan for nearly 50 years. During a Washington visit this week, Yau-Kuen Hung, chairman of the Taiwan Vegetable Association and Wade Cowan, past president of the American Soybean Association, signed a commitment by the Taiwan soy industry to purchase an … Read More »

Soy Leaders Talk Trade in the News

Here’s a look at soy leaders talking trade in the news this week: ASA Concerned About Long-Term Consequences Of Trade War  ASA Using #NeedNAFTA To Promote Trade  Trade War May Impact 2019 Soybean Plantings