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
Congress returns Monday, but to a very different situation due to Russia’s invasion of Ukraine, which is expected to be one of the key issues President Biden talks about during his State of the Union address.
Soybean exports in 2022 are likely to hit 2.15 billion bushels. USDA says the increase of 100 million is in part due to the current drought in South America.
The Biden administration laid a stake in MP Materials for their battery plans that will likely power future fleets of electric vehicles.
The top 10 export markets all saw gains in 2021, with six of the 10 (China, Mexico, Canada, South Korea, the Philippines and Colombia) setting new records.
In 2021, the first year the program was made available, producers enrolled 12.2 million acres of cover crops in PCCP, capturing a collective $59.5 million in premium subsidies.
Wiesemeyer says “you don’t spend some $300 million on these [soybean crushing] plants without a solid foundation of a market in the future.”
Dry conditions in South America continue to damage crop potential.
U.S. goods exports to China fell in December, cementing a $45 billion increase in the 2021 U.S.-China trade deficit and a major two-year shortfall in Beijing’s purchase commitments under the “Phase 1" trade deal.
The U.S. and Japan announced a deal to remove Trump-era tariffs from about 1.25 million metric tons of Japanese steel imports annually after similar access was granted to European Union steelmakers last year.
In his opening statements, Rep. Dusty Johnson (R-S.D.) set the tone for the meeting, saying “a better, more sustainable future won’t come from the harsh, scolding voices of the naysayers.”