After coming to a verbal trade agreement in December, President Donald Trump and General Secretary Xi Jinping signed the first installment of the deal on Wednesday.
On January 1, the limited US-Japan Trade Agreement went into effect, after being signed in early October. It lowers tariffs for American agriculture products, including cheese.
The National Milk Producers Federation penned a letter to US President Donald Trump this week, praising and criticizing aspects of his trade deals and how they impact the dairy industry.
More out of market investments and a strong US production base are bolstering cheese growth. Rabobank took a look at the global cheese market since 2010 in a recent report, and predicted what’s to come.