Source: Chuck Abbott, SUCCESSFUL FARMING, 3/25/21


U.S. agriculture is running the risk of becoming overly reliant on large exports to China just over a year after Washington and Beijing de-escalated their trade war, said the head of the Farm Credit Administration on Wednesday. “Any time you’re dependent on a single country, like we are with China, we’re at risk,” chairman Glen Smith told a House Appropriations subcommittee. The USDA forecasts record-high ag exports to China this year as part of an export boom that has boosted commodity prices and is expected to result in higher-than-average farm income. China would account

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