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The imposition by the US of new tariffs on EU dairy exports overshadowed the agenda at this year’s European Dairy Association Congress in Vienna.
House Ways and Means Chairman Richard Neal (D-Mass.) was upbeat about Mexico’s efforts to implement the US-Mexico-Canada Agreement (USMCA). Meanwhile, the Corn Refiners Association (CFA) joined counterparts in other countries to form a new international starch group and USDA proposed multiple additions to the organic program's list of allowed and prohibited substances.
Focus remains on Chinese purchases of US ag goods included in the “phase one” US-China trade deal reached late last week. Meanwhile, China’s farm produce prices continue to rise and the Environmental Protection Agency (EPA) is likely to miss a November 30 deadline for finalizing 2020 biofuels and 2021 biodiesel volumes.
Treasury Secretary Steven Mnuchin struck a positive tone on the US-China trade accord. Meanwhile, Mexican President Andres Manuel Lopez Obrador urged House Speaker Nancy Pelosi (D-Calif.) to accelerate a ratification vote for the US-Mexico-Canada Agreement (USMCA) and updated 2020 biofuel and 2021 biodiesel Renewable Fuel Standard (RFS) volumes remain under review at the Office of Management and Budget (OMB).
Saudi Arabia has lifted a ban on imports of hatching eggs and day-old-chicks from several countries, including Denmark, Italy and Russia.
New US tariffs on scores of European Union (EU) goods with a value of up to $7.5 billion annually – stemming from a dispute over EU subsidies to aircraft manufacturer Airbus – were formally greenlighted during a special October 14 session of the World Trade Organization (WTO) Dispute Settlement Body (DSB).
Food & Ag Policy Briefing: Wojciechowski wins over MEPs, US tariff fall out, JBS under the spotlight
A much-improved performance by Janusz Wojciechowski saw Poland’s EU agriculture Commissioner-designate convince members of the European Parliament’s AGRI committee that he is the right person for the job, following a second hearing last week.
The interim US-China trade deal reached late last week continues to be a focus. Meanwhile, calls on USDA to make additional Market Facilitation Program (MFP 2) payment installments are rising and China kept its wheat support price unchanged but will limit the amount it purchases from farmers.
The House and Senate return Tuesday from their two-week break.
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