President Trump's visit to China is expected to open opportunities for an additional tens of billions of US dollars in US agricultural exports, beyond soybeans.
The Middle East conflict is pushing agricultural production costs up by 3-5% and sea freight rates by up to 35%, creating pressure on domestic food prices and markets.
Decree 46 and resolution 66, concerning food declaration and registration, will continue to be postponed until the amended food safety law and new guiding documents take effect.