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2.5 billion pounds of meat stack up in cold storage

It is a good time to fire up the grill domestically and a bad time to export globally. Because of the trade war, around 2.5 billion pounds of meat is just sitting in U.S. cold storage. The meat won’t spoil. It will go on sale in domestic markets, meaning cheaper hams and steaks. This will be good for restaurants and for consumers, especially anyone already stocking up for a Labor Day barbecue.

Scientists warn that proposed US-Mexico border wall threatens biodiversity, conservation

Amidst increased tensions over the US-Mexico border, a multinational group of over 2500 scientists have endorsed an article cautioning that a hardened barrier may produce devastating ecological effects while hampering binational conservation efforts. In the BioScience Viewpoint , a group led by Robert Peters, William J. Ripple, and Jennifer R. B. Miller call attention to ecological disturbances that could affect hundreds of terrestrial and aquatic species, notably including the Mexican gray wolf and Sonoran pronghorn.

Trump sees deal with EU

President Donald Trump and the president of the European Union announced after meeting Wednesday that the EU had agreed, as part of early trade talks, to lower industrial tariffs and increase soybean buys from the U.S. As a region in the world, the EU is already one of the larger buyers of U.S. soybeans. The European Union as of now has imported 4.3 million metric tons of soybeans (157 million bushels) from the U.S., about 4% more than by this same time a year ago. Netherlands and Germany are the two largest EU buyers of U.S.

Why record-breaking trade aid for farmers could fail

The government will pay some farmers directly and buy food from others to blunt the impact of a trade war entirely of the president’s own making. Despite the massive size, it won’t offset the sweeping damage to markets as other countries slap penalties on U.S. farm goods in retaliation to Trump’s tariffs on imports. And ultimately, efforts by past presidents to manipulate global trade have ended up boosting farmers in other countries at the expense of U.S.

Fifth Circuit Holds That FHFA is Unconstitutionally Structured

The decision by the United States Court of Appeals for the Fifth Circuit earlier this week in Collins v. Mnuchin holding that the structure of the Federal Housing Finance Agency (FHFA) is unconstitutional is an important development not only for the FHFA but also for the constitutionality of the CFPB.  The per curiamopinion in Collins almost guarantees that the Supreme Court will grant cert in the near future on whether the FHFA, the CFPB and similarly structured agencies are unconstitutional.

Pushing Back on President Trump's Trade Team

Republican lawmakers and the American Farm Bureau Federationare no longer holding their powder when it comes to criticizing Trump Administration leaders about trade. Sen. Joni Ernst, R-Iowa, fired off a news release Thursday after White House trade advisor Peter Navarro told CNBC that the economic impact of the trade war is a mere "rounding error" and that the Trump Administration is playing a broader game of chess.“Mr. Navarro, America’s farmers are caught in the crosshairs of this game of ‘chess.’ Offhand comments like the ones that Mr.

'Hi, I'm a soybean': In trade war, China deploys cartoon legume to reach U.S. farmers

In the tense trade war with the United States, China’s government has turned to an unlikely weapon: a cartoon bean. “Hi, everybody. I am a soybean. I may not look like much, but I’m very important,” says the animated character in a video posted on Friday on the website of China Global Television Network (CGTN), the overseas news network of state-owned China Central Television.The short video in English with Chinese subtitles seems designed to undermine support for the trade dispute from U.S.

Farm Bureau Response to Navarro’s ‘Rounding Error’ Statement

The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “White House trade advisor Peter Navarro’s recent comments that the damage this trade war is doing to certain sectors of the U.S. economy, of which we all know includes agriculture, is little more than a ‘rounding error’ are out of touch with the pain our farmers and ranchers are experiencing.

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