Archive for the agricultural commodities Tag
Trade War is on Pause
On Saturday December 1 President Trump and President Xi Jinping of China met at the G20 summit to discuss trade and tariffs in Argentina.
Following the meeting President Trump announced the US would leave the tariffs on $200 billion worth of product at the 10% ratge, and not raise it to 25% at this time. China agreed to immediately start purchasing agricultural product from US farmers.
Additional negotiations on a variety of trade topics will continue for the next 90 days.
U.S. To Pay Farmers $4.7 Billion to Offset Trade Conflict Losses
US to spend $4.7B to aid farmers
Soybean farmers will be the primary beneficiaries of a $4.7 billion program to offset trade losses, The Wall Street Journal reports. The U.S. Department of Agriculture will make payments to the farmers under the program, which is intended to counter the impact of Trump administration tariffs and counter-tariffs by other countries, especially China. The USDA will:
- Make $3.6 billion in payments to soybean farmers
- Buy up to $1.2 billion of food from farmers
- Spend $200 million on trade promotion
Starting Sept. 4, the USDA’s Farm Service Agency will administer a program to provide payments to corn, cotton, diary, hog, sorghum, soybean and wheat farmers. Soybean farmers will get the bulk of the money, $3.7 billion. Pork producers will get $290 million, while cotton farmers will receive $277 million.
The Wall Street Journal reported this story on August 27th 2018. Story is available by subscription to the WSJ.
Fornazor International Wants to See YOU at Stand C 151
Don't Make Us Wait Any Longer to Meet You!
Come see, feel and learn about our Vegetable Proteins, Cottonseed and Alfalfa at VIV Abu Dhabi.
Show is on until Thursday Feb 8. Please visit us in USA pavilion, Stand C 151.
Or for further information contact email@example.com
Fornazor International Exhibits at IPPE Atlanta
The IPPE (International Production and Processing Expo) opens its doors on January 30, 2018. The exhibition is a collaboration of three shows --- International Feed Expo, International Meat Expo and the International Poultry Show. The show brings together over 1,200 exhibitors and 30,000 visitors from around the global.
Please visit Fornazor International and its sister company Organic Production Services in booth B 9025. The show is on through Feb 1, 2018.Continue Reading
Fornazor International Makes the NJ BIZ list of Top New Jersey Private Companies for 2017
In its annual list of the 250 largest private New Jersey businesses, New Jersey BIZ Magazine ranks Fornazor International in #60 place for 2017. This improves our ranking ....up from #114 in 2016.
For the complete list, go to http://www.njbiz.com/article/20180102/NJBIZ04/180109985/2018-book-of-lists, page 136.Continue Reading
FORNAZOR INTERNATIONAL RECEIVES PRESIDENTIAL AWARD FOR EXPORT SUCCESSES
On Monday, May 16th, U.S. Secretary of Commerce Penny Pritzker presented Fornazor International with the President’s “E” Award for Exports at a ceremony in Washington, DC. The President’s “E” Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.
“Fornazor International has demonstrated a sustained commitment to export expansion. The "E" Awards Committee was very impressed with Fornazor International's current sales to more than 40 countries around the world. The company's modification of products for foreign markets was also particularly notable. Fornazor International's achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs,” said Secretary Pritzker in her congratulatory letter to the company announcing its selection as an award recipient.
Fornazor International Inc. has been in business for nearly 30 years. The company trades agricultural commodities specializing in a wide range of feed ingredients and finished animal feeds.
President John Fornazor, Sr, states: “Exporting is our company’s foundation and 100% of our business. We are honored to receive the “E” Award.”
In 1961, President Kennedy signed an executive order reviving the World War II “E” symbol of excellence to honor and provide recognition to America's exporters. Today, Secretary Pritzker honored 123 U.S. companies with the President’s “E” Award for their outstanding work to reduce barriers to foreign markets and to open the door to more trade around the world.
In 2015, U.S. exports totaled $2.23 trillion, accounting for nearly 13 percent of U.S. GDP. Nationally, exports contributed to the U.S. economy, supporting an estimated 11.5 million jobs.
U.S. companies are nominated for the “E” Awards through the Department of Commerce’s U.S. Commercial Service office network, located within the Department’s International Trade Administration, with offices in 108 U.S. cities and more than 70 countries. Record years of successive export growth and an applicant’s demonstration of an innovative international marketing plan that led to the increase in exports is a significant factor in selecting the winners.
For more information about the “E” Awards and the benefits of exporting, visit www.export.gov.
For more information about Fornazor International, contact Susan Jay at 201 664 4000 or firstname.lastname@example.org.
Fornazor International is your source for small and large USA Idaho potatoes. We will be ready to ship this fresh crop of Russets and Reds by mid October.Continue Reading
Fornazor Trader Update: Hong Kong and Bangkok
Fornazor traders arrived in Asia last week in preparation for the VIVAsia show, which takes place in Bangkok from March 13th-15th. Before traveling to Thailand, they spent time meeting with business partners in Hong Kong. Their stops included seeing horse races at the Hong Kong Jockey Club. Fornazor International proudly exports Hallway’s line of equine feeds which are used by top horses at the Jockey Club and around the world.Continue Reading
How Now, Brown Cow?
Fornazor just returned from a very successful show at the World Dairy Expo (WDE) in Wisconsin. Our USA produced alfalfa bales and pellets, corn gluten meal and soybean meal, cottonseed, DDGS, Amino Plus and our menu of other agricultural commodities generated lots of interest.Continue Reading
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Name: Fornazor International
Location: Hillsdale, New Jersey, United States
Fornazor International, Inc. currently supplies a wide range of feed ingredients to the export market. Our feed ingredients include animal proteins, such as poultry feed; vegetable proteins, such as distillers grains, corn gluten meal, and soybeans; and various marine proteins.
We can also supply aquaculture feeds, pet foods, alfalfa pellets, forage grass and equine supplements and feeds. In addition, we have a full line of value added bakery ingredients and additives such as dough conditioners, as well as specialty foods. Contact us for more information.View My Complete Profile