Agriculture Policy News
From federal agencies to state governments, actions taken by elected officials and policymakers have a direct impact on America’s farmers and ranchers. Stay up-to-date on all things related to policy, including cabinet leadership, the farm bill, farmer-support programs, market access, environmental regulations, labor availability and the health of the ag economy.
Watch the Latest Ag Policy Coverage from AgDay and U.S. Farm Report
Latest Agriculture Policy News
The Department of Justice filed court documents Friday in defense of USDA’s plan to forgive debt for socially disadvantaged farmers. The filing is in response to a Judge’s recent ruling to halt the payments.
Billions of dollars in federal investments and tax credits to boost demand for U.S. biofuels will be part of two bills that Democratic lawmakers will introduce to the U.S. Congress, two sources said.
AgriTalk’s Chip Flory and Pro Farmer’s Jim Wiesemeyer discuss lumber prices as a leading indicator for the grain markets, plus drought in the western states and line speeds in pork plants.
Pork shipments from a North Carolina pork processing plant are now blocked from entering Mexico. The plant located in Tar Heel, N.C., is a Smithfield foods plant and is the largest in the world.
U.S. Court of Appeals for the Tenth Circuit vacated three small refinery exemptions (SREs) on Wednesday. The now vacated exemptions were granted by former President Trump’s administration a day before he left office.
EPA’s biofuel blending mandates for 2021 and 2022 are likely to be in line with those of 2020 as the agency accounts for weaker fuel demand since the onset of the pandemic, three sources familiar with the matter said.
The plan requires conserving 440 million acres.
USDA’s first look at new crop in the May WASDE indicated higher crop prices could start to erode demand. However, USDA points out greater domestic use could help offset the idea of lower exports.
As soybean supply concerns continue to impact the market, USDA’s fresh look at 2020/2021 ending stocks in the May WASDE report paints a scenario where soybean supplies will remain extremely tight.
Administrator Regan said extreme and unusual fuel supply circumstances exist. The decision will address gasoline needs in affected areas, a positive for agriculture and the biofuels industry.