As consumers see increased prices at the store in many counties across the globe, decreasing import tariffs has helped make food more affordable and increase opportunities for exporting markets.
However, has there been any progress on other trade deals? With the markets swinging up and down during Monday's trading session, what is happening?
AgDay and U.S. Farm Report reporter Betsy Jibben has the story.
Beef and lamb producers from New Zealand are planning to spend several million dollars on a campaign to promote their products in the U.S. to help strengthen their import position.
Beef and lamb producers from New Zealand are planning to spend several million dollars on a campaign to promote their products in the U.S. to help strengthen their import position.
The latest monthly trade data has been tabulated – for August – and U.S. beef trade continued its impressive performance with monthly exports up 9 percent and year-to-date export totals up 14.2% year over year.
Total beef exports were up 16.8 percent year over year in July contributing to a year to date increase of 15.0 percent for the first seven months of the year.
Growing demand for goat meat in the U.S. from ethnic minority groups and foodies has made an unlikely export superstar for Australian farmers, with exports surging to a record.