via a special arrangement with Informa Economics, Inc.
TOPICS: ACRE * FY 2010 budget * RFS ethanol
blend * WTO/Doha
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or retransmission is prohibited under U.S. copyright laws.
-- ACRE sign up: USDA sources
say that the dates for signing up for the Average Crop Revenue Election
(ACRE) program will be announced soon. And, some sources signal the current
June 1 sign up deadline could be extended.
-- FY 2010 budget/resolution: Senate
Budget Chairman Kent Conrad (D-N.D.) will soon detail a five-year budget
resolution. On Monday, Conrad said he has asked all committees in the
Senate for savings -- including the Agriculture panel.
-- RFS ethanol blend percentage:
Sources continue to signal that EPA will eventually approve a boost in
the maximum ethanol blend percentage for non-flex fuel vehicles from the
current 10 percent to either 12 or 13 percent. Likely timeline: "by
the end of this summer," one source said.
-- U.S. business and ag leaders to meet
today with WTO's Lamy: World Trade Organization (WTO)
Director-General Pascal Lamy will meet today with US business and agriculture
leaders and will tell the outgoing WTO official that they will oppose
the resumption of the Doha Round of WTO trade talks on the basis of the
negotiating texts that were on the table late last year. “We want
him to find a way forward that has greater balance and ambition,”
said Frank Vargo, vice president for international economic affairs at
the National Association of Manufacturers (NAM). “What was on the
table in December was not going to get us there and was not acceptable
to the previous administration.” Vargo said that industry representatives
have discussed their concerns over the direction of the talks in meetings
with the Obama administration, and “there is no daylight between
our position and theirs.” Director-General Lamy “absolutely
has to focus on this and get the advanced developing countries in particular
to agree to provide more market access and contribute more to new global
trade flows,” Vargo said. Lamy is in Washington, D.C., for meetings
with administration officials, including US Trade Representative Ron Kirk,
Treasury Secretary Timothy Geithner, and USDA Secretary Tom Vilsack, members
of Congress, and representatives of the private sector.
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