b'Agricultural Commodity Futures Prices, Changes YTDTHROUGH MID SEPTEMBER 2020Wheat, SpringLean HogsLive CattleCottonCornWheat, HRWWheat, SRWRiceSoybeans-10%-8% -6%-4% -2%0% 2%4%6%Year to dateFIGURE 2. Agricultural Commodity Future Prices, Changes YTD 4MAJOR POLICIES AFFECTING IDAHO AGRICULTURETrade Bumper CropU.S. FARM EXPORTS TO CHINA The trade conict with China began in 2018 afterSURGED TO A RECORD FOLLOWING the U.S. imposed taris on Chinese steel andA BRUISING TWOYEAR TRADE WARaluminum. China retaliated by imposing taris on60 million tonsmultiple U.S. goods, including farm products, which lowered the demand for those goods. This issue was50expected to be resolved with the signing of a deal40in January 2020 that marked a truce in the trade war, with Beijing pledging to boost U.S. agricultural30imports (see Figure 3); these improved relations20resulted in agricultural exports to China rising to 55.5 million tons, comprising a fourth of all farm10shipments. This is good news, but farmers remain0doubtful about the stability of this current demand,2010 2015 2020which could change at any time because of erraticSource: USDAnature of trade relations with China.10FIGURE 3. U.S. Farm Exports to China 10Mexico is the second largest destination for Idaho farm exports, totaling $200 million in 2020. Of special interest to Idahos agricultural industry, Mexico currently bans the importation of all fresh potatoes except those originating from within 16 miles of the border. According to a 2002 agreement between 20 I D A H O I N F R A S T R U C T U R E G U I D E B O O K'