How Important is the Phillippines for U.S. Agricultural Trade?
Last month (July 2022), the Foreign Agricultural Service of USDA led a trade mission to the Philippines that included...
Difference Between Inflation and Changes in Commodity Prices
The term inflation is commonly used to describe a general increase of prices. However, back in the mid-1800s where...
International Market Concentration in the Southern Meat Trading Market
International trade is pivotal to the U.S. meat industry. Yet, firms that engage in international markets differ...
Understanding the New Safeguard Policy for U.S. Beef in Japan
In 2021, beef and beef products were the third highest exports for the U.S. ($10.6 bill.), behind soybeans ($27.4...
The Economic Costs of Canadian Dairy Quota Restrictions Under USMCA
Under the USMCA, Canada established tariff rate quotas (TRQs) for 13 categories of U.S. dairy products.[i] Up to...
The Imminent Menace of Sanitary Barriers in International Trade
Animal disease outbreaks have severe economic consequences, especially for international trade. A recent example was...
U.S. Long-Grain Rice Faces Growing Challenges Overseas
The U.S. has consistently ranked among the top-5 rice exporters in the world. However, since hitting a record 3.98...
Removing Fertilizer Tariffs is Not a (Phosphate) Rock and a Hard Place
Last month, 90 members of Congress sent a letter to the chair of the U.S. International Trade Commission...
Shipping Container Disruptions Cause Considerable Export Losses for Southern Ports
The coronavirus pandemic had significant consequences for the U.S. economy, prompting the federal government to help...