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
Some agricultural groups would like the newly-installed U.S. Trade Representative to reconsider some previous trade deals. That includes joining what was formerly known as the Trans Pacific Partnership.
Just this week, USDA confirmed U.S. sorghum shattered records last week, with a total of 33.9 million bushels of purchases. The total smashed the previous record set in August 2020 by 10 million bushels.
Details of a U.S. land and water related executive order could be unveiled soon. Known as the ’30 by 30’ plan, it would place 30% of U.S. lands and 30% of U.S. waters under federal jurisdiction by 2030.
The U.S. Department of Agriculture’s statistics division is conducting a “deep dive” review of how it conducts its quarterly U.S. grain stocks reports, an official said during an online conference on Wednesday.
The western half of the country continues to see little moisture, and after a year of record government payments to agriculture, farm groups fear financial assistance this year will be tough to get passed in Washington.
Brazilian production of ethanol from corn rose 58% in the newly passed year as dozens of recently built plants in the country’s grain heartland ramped up production.
May corn prices were up 17.25¢ and May soybean prices were up 0.5¢, for the week ending April 9. May wheat prices were up 28¢.
A week after USDA released its bombshell Prospective Plantings report, USDA’s April WASDE also sparked some market momentum in corn, but seemed to disappoint for soybeans.
USDA will alter how it reports soybean oil use by biofuels producers beginning with its monthly World Agriculture Supply & Demand Estimates (WASDE) report in May, a USDA spokesperson told Reuters.
Tom Vilsack was sworn in as USDA Secretary for the second time at the end of February. Since then, he has pushed forward advances on several key issues.