# Ag trade issues on USTR ambassador’s radar

> USTR Katharine Tai testified to Congress on May 12 and 13 outlining the Biden administration's trade policy. Agricultural topics discussed included USMCA enforcement, renewing Trade Promotion Authority and pursuing further trade agreements.

- Date: 2021-05-13 · published 2021-05-13T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/47070-ag-trade-issues-on-ustr-ambassador-s-radar
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The testimony signals a shift in US trade approach but sets no new tariffs or purchase commitments, so the near-term price impact on feed commodities is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-08-18 | [Farmers’ voices continue to reiterate ag trade issues](https://feedsoft.ai/events/40023-farmers-voices-continue-to-reiterate-ag-trade-issues.md) | +0.4% | +3.4% |
| CORN | 2019-12-18 | [U.S. grains: Prices slip after rallying on trade deal - Grainews](https://feedsoft.ai/events/9218-u-s-grains-prices-slip-after-rallying-on-trade-deal-grainews.md) | -0.1% | -1.9% |
| CORN | 2020-01-16 | [What is the toll of trade wars on U.S. agriculture? \| PBS News](https://feedsoft.ai/events/55070-what-is-the-toll-of-trade-wars-on-u-s-agriculture-pbs-news.md) | +0.7% | -1.7% |
| CORN | 2018-07-11 | [Trade War Repercussions for U.S. Agriculture](https://feedsoft.ai/events/63896-trade-war-repercussions-for-u-s-agriculture.md) | +0.5% | +9.5% |
| CORN | 2017-01-06 | [Ag Groups to Trump: Don't Forget About Us on Trade](https://feedsoft.ai/events/72986-ag-groups-to-trump-don-t-forget-about-us-on-trade.md) | +1.1% | +3.8% |
| SOY | 2022-05-26 | [Ambassador's visit stresses opportunity in expanding trade](https://feedsoft.ai/events/14935-ambassador-s-visit-stresses-opportunity-in-expanding-trade.md) | +2.9% | -4.2% |
| SOY | 2022-08-18 | [Farmers’ voices continue to reiterate ag trade issues](https://feedsoft.ai/events/40023-farmers-voices-continue-to-reiterate-ag-trade-issues.md) | +5.8% | -1.6% |
| SOY | 2018-11-30 | [U.S. Ag Sales to China to Fall by 45% in Trade War](https://feedsoft.ai/events/61933-u-s-ag-sales-to-china-to-fall-by-45-in-trade-war.md) | +3.3% | -0.5% |

## Sources

- farmprogress.com: https://www.farmprogress.com/conservation-and-sustainability/ag-trade-issues-on-ustr-ambassador-s-radar

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.