Still, American agriculture wants to protect and rekindle that relationship as farmers cope with slumping prices.
Interest in China's food and feed plans is such that a breakout session on China's economy and agricultural trade at USDA's Ag Outlook Forum on Thursday was not only a standing-room only event, but there remained a line outside the session of people waiting for anyone to leave so they could get in.
China went from being a relatively small importer of U.S. products to...
By Chris Clayton DTN Ag Policy Editor
WASHINGTON (DTN) -- Cotton farmers looking for further federal support are caught in a political tussle that doesn't appear to have any quick solution.
Secretary of Agriculture Tom Vilsack stood his ground Wednesday in a House Agriculture Committee hearing looking at the state of the rural economy. Vilsack maintained he does not have authority under the 2014 farm bill to create a commodity program for cottonseed by designating it as an "other oilseed" subject to payments under the Agricultural Risk Coverage or Price Loss Coverage programs.
"I do not believe in good faith that I have that ability," he said.
Cash cotton prices now are running between 53 cents to 54 cents per pound while the March, May,...