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Bob Larson U.S. China Talks Underway and July 4th Food Prices
by Bob Larson, click here for bio

Program: The Agribusiness Update
Date: July 10, 2019

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From the Ag Information Network, I'm Bob Larson with your Agribusiness Update.

**Trade talks between the U.S. and China are apparently underway. That's according to President Trump during a press briefing at the White House.

The president says negotiators are talking by phone, and in person. Meanwhile, he says, China plans to reduce some tariffs and ease restrictions on foreign investment.

Agweb.com reports, the president is hopeful a deal can be reached soon, but that he isn't in a hurry, adding he's very happy either way, but thinks we have a good chance of making a deal.

https://www.agweb.com/article/more-us-china-trade-talks-already-underway/?mkt/

**Hours-of-service regulations for truckers are attracting attention again.

Thepacker.com reports, some are dead set against any relaxation in the rules while others are fighting to give truckers more flexibility.

The Federal Motor Carrier Safety Administration now plans to publish a revised hours-of-service proposal by July 31st.

Meanwhile, the Advocates for Highway and Auto Safety is urging Congress to reject efforts to diminish the rule requiring the use of ELDs and to further erode HOS regulations.

https://www.thepacker.com/article/more-flexibility-coming-hours-service-regulations?mkt/

**The cookout of Americans' favorite 4th of July foods, including hot dogs, cheeseburgers, pork spare ribs, potato salad, baked beans, lemonade and watermelon, cost just a few cents more this year, coming in at less than $6 per person.

According to agrimarketling.com, the American Farm Bureau's informal survey reveals the average cost of a summer cookout for 10 people is $52.80, or $5.28 per person, up just 11 cents from last year.

https://www.agrimarketing.com/s/124755

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