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P power lunch starts rite now. Welcome to power lunch. Stocks taking a turn mid day after the trade headlines. The dow is down about 75 points here a quarter of a percent. The s p down a quarter of a percent. Nasdaq is being hit the hardest. Momentum is under pressure check out shares of roku gett tg slammed after one analyst says stocks should be cut in half its on track for its worst week ever lets have more on the trade developments weighing on the market now we have the very latest. When trade talks wrap today, we were expecting a subset of that chinese delegation to head to the midwest to American Farm country to visit with farmers facetoface to talk about potential purchases down the road and to express their good will for maintaining relationship as of today those visits are called off the Chinese Embassy confirming that the vice minister of agriculture will be heading ....
Im pleased to welcome our witness, ambassador , thank you for coming. We have been eager to have you before the committee. For a very important annual hearing to discuss the president s agenda. The laws that delegate congresses constitutional trade authority to the executive, also require close consultation with congress. This hearing is an important part of that consultation, and it provides an opportunity to explain the president s ambitious trade agenda to congress. And all americans. Members of this committee are looking forward to this important discussion. A critical component of the trade agenda that i would like to discuss, is u. S. Mexico Canada Agreement. U. S. Mca for short. Farmers, workers, businesses, stand to benefit greatly from that agreement. More Market Access for agriculture, new commitments to critical areas, such as custom digital intellectual property, ....
Nuclear ought to be in the mix. Cspan. Org. On our home page and by searching the video library. President trumps nominee for agriculture secretary, former georgia governor, sonny purdue, testified at his confirmati confirmation hearing. He was questioned about proposed white house budget cuts to farm programs, Crop Insurance, Forest Management, immigrant labor and farm bill reauthorization. Good morning, members of the committee. I call this meeting of the Senate Committee on agriculture, nutrition and forestry to order. This morning we welcome governor sonny perdue, the president s nominee for u. S. Secretary of agriculture. Members of this committee have great appreciation for the farmers, ranchers and consumers and other stakeholders that are directly affected by decisions made by the secretary. The department o ....
Ready well. In terms of the intensity of the drought, remember 1988 that came out with no corn and all things considered, we took 4 billion bushels off of our corn crop estimate by the end, but that was about the size of the 1988 crop. To me, because of no till practices and a lot of that helped by biotech varieties and because those developments and seed varieties and were able to get a better crop than i wouldve had otherwise. For senator stabenow, you just answered your question about livestock problems. Id like to continue if you could discuss problems for the renewable fuel industry raised by the lesson production, higher prices, et cetera you see ahead for that. I think that clearly this past year because of corn prices weve seen reductions in margins economic producers. If you look at the weekly levels of ethanol Production Company took a big tip and has been remaining buffalo that cabs under the renewable fuel standard ....
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