Farms.com Home   Ag Industry News

NPPC calls for feds to resolve trade dispute

NPPC calls for feds to resolve trade dispute

Producers appreciate help from the aid package but also want an end to the trade war

By Kate Ayers
Staff Writer
Farms.com

The National Pork Producers Council (NPPC) applauds the government for its support of the pork industry during the trade disputes but wants swift resolution to the trade wars.

“U.S. pork producers and their families are in dire financial straits as 40 percent of exports are currently under punitive tariffs,” Jim Monroe, NPPC’s senior communications director, said to Farms.com today.

“It’s an unstable situation and we commend President Trump for making good on his commitment to watch out for the interests of American farmers with this short-term measure.”

The USDA announced the details of the $12 billion aid package for American farmers yesterday, which has a budget for the pork industry, an NPPC release said yesterday.

This package includes a nearly $559 million purchase of pork for federal and child nutrition programs, $200 million for developing markets for American agricultural products and some direct payments to farmers, the release said.

Indeed, all eligible U.S. pork producers will receive $8 per hog based on 50 percent of the number of animals they owned on Aug. 1.   

U.S. pork exports to China dropped 9 percent through June – mainly because of the additional 50 percent retaliatory tariff China imposed on American pork, the release said.

Exports to Mexico have also fallen since that country imposed a 20 percent duty in July.

NPPC is pushing for the administration to swiftly settle a new trade agreement with Mexico, restoring the zero-tariff rate on pork products, the release said. Officials have achieved progress in this area as U.S. and Mexico announced agreement on a framework for a new trade deal yesterday as well.

“While we recognize the complexities of resetting U.S. trade policy, we hope that U.S. pork will soon regain the chance to compete on a level playing field in key markets around the globe,” Monroe said.

“The United States produces the safest, highest quality and most affordable pork in the world. … When we compete on a level field, we do very well, delivering considerable benefits to the U.S. economy.”

RGtimeline/iStock/Getty Images Plus photo


Trending Video

Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!