Food

Fifteen Asian-Pacific countries signed a massive trade deal that brings together China, Japan, and South Korea together as trading partners for the first time. The agreement, signed Nov. 15, is one of the largest regional free trade agreements ever penned.

The Regional Comprehensive Economic Partnership  excludes the United States and India in a move that some say strengthens China’s global trade standing. Analysts say the deal also expands the China’s ability to buy agricultural commodities from places besides the U.S.

Many families are heeding the advice of health officials and inviting fewer people to Thanksgiving dinner. The trend has hurt turkey sales, especially for national producers.

But small organic and free-range turkey farmers may be faring better because of a loyal customer base that may be sticking closer to home than usual.

Pork producers in the Midwest had great hope for 2020, in part because China was still rebuilding its swine herd after a devastating African swine fever outbreak. Still, the Sino-American trade war had barely cooled as the Phase 1 deal was signed early in the year, suggesting over-reliance on China could backfire.

Farmers in the South were paid more on average than those in the Midwest and Great Plains from a government program set up to offset the losses due to the trade war with China, according to a new study from the Government Accountability Office.

After China placed retaliatory tariffs on crops, the U.S. Department of Agriculture created the Market Facilitation Program to help farmers make up the lost income. 

First restaurants and school cafeterias closed, then COVID-19 outbreaks at meat-packing plants slowed processing. In the spring, shoppers started seeing signs declaring limits on the amount of fresh meat they could buy in one trip. Prices for some products crept up.