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.
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Latest Agriculture Policy News
U.S. climate legislation collapsed last week, and analysts say it could hamper the development of clean-burning transportation fuels. Biofuels groups were banking on the legislation to boost investment in fuels like SAF.
Sens. John Thune (R-S.D.) and Amy Klobuchar (D-Minn.) led their colleagues in requesting USDA to address ERP implementation issues. ERP helps producers offset impacts of natural disasters that occurred in 2020 and 2021.
U.S. Labor Secretary Marty Walsh remained optimistic about contract negotiations between workers and shipping companies for some of the country’s most important ports, even as talks extend past a previous deadline.
Infuriating price increases are the topic of the day, and but like the 80’s, rising inflation is driven largely by energy and the price of oil. It’s now less about the supply of oil, and more about refining capacity.
According to the USDA, 2020 farming activities in the U.S. made up 11.2 percent, or 670 of 5,981 million metrics tons, of the U.S.’s total carbon contribution.
The CPI, an inflation gauge measuring what consumers pay for goods and services, rose 1.3% from May to June. Prices were up across the economy, with gasoline far outpacing other categories, up 11.2%.
President Biden says he has not made a decision yet on whether to lift some of the $370 billion of tariffs imposed on Chinese imports by the Trump Administration.
The July WASDE report from USDA shows while soybean production this year is expected to fall due to fewer soybean acres planted across the U.S., USDA is also forecasting a drop in exports.
“Capping carbon dioxide emissions at a level that will force a nationwide transition away from the use of coal to generate electricity may be a sensible solution to the crisis of the day,” says Chief Justice Roberts.
Soybean acres are estimated at 88.3 million, up 1% from last year. This is down from March’s estimate of 90.955 million and below the pre-report trade average of 90.446 million.