Mexico will continue to buy corn from the U.S. for livestock feed and industrial use, despite the ongoing formal dispute over its ban on imports of genetically modified (GM) corn for human consumption.
Brazil’s biodiesel mandate will increase to 14% (B14) on March 1, and 15% (B15) in 2025. That’s already having an impact on Brazil’s domestic soyoil market.
At USDA’s 100th Agricultural Outlook Forum, Secretary Tom Vilsack again proposed innovative approaches, such as utilizing CCC funds creatively, to address farm bill funding challenges.
The possibility of enacting a carbon border tax in the U.S. is under discussion as trade partners, including the EU, are moving forward with similar measures.