At farm bill listening session in South Dakota members of the Senate Ag Committee expressed optimism about getting a farm bill done yet in 2024 and putting more farm in the farm bill.
Unrelenting inflation continues to weigh down the U.S. economy and agriculture. Still, CoBank says it believes the Fed will stick with its decision to cut interest rates three times in 2024.
The first look at a new farm bill could happen as early as next week. It’s long overdue after nothing was released out of Committee in 2023. Now, there’s growing doubt a farm bill will even be passed in 2024.
Odds of a new farm bill in 2024 are declining, with Senate leadership continuing to spar over climate funding and redirecting climate funds into the commodity title of the new farm bill.
India and four European countries, namely Switzerland, Norway, Iceland, and Liechtenstein, have finally signed a free trade pact after 16 years of negotiations. The impact could come in job creation.
President Biden delivered a defiant argument for a second term in his SOTU speech Thursday. From the economy to his thoughts on infrastructure, the border and climate, there were several key takeaways for agriculture.
The 2017 Tax Act temporarily raises estate tax exemption, impacting farm estates. If it expires, large farms with gross cash income between $1M and $5M would see the largest increase, rising from 2.8% to 7.3%.
Changes to the GREET Model are expected later this week, and depending on how the model is interpreted, it could be the ticket for corn ethanol to start taking flight as Sustainable Aviation Fuel (SAF).
Farmers are protesting across the European Union, saying they are facing rising costs and taxes, red tape, excessive environmental rules and competition from cheap food imports.
On Monday, February 5 the news of Bill Northey’s passing quickly spread through the agriculture industry, of which he dedicated his professional life to serving.
A Reuters/Ipsos poll shows Trump is the favorite of 49% of Republicans for the party's nomination to run against Democratic President Joe Biden in November.
From drought issues posing problems in the Panama Canal to growing tensions and attacks in the Red Sea, it's causing freight rates to skyrocket and ongoing delays in shipping products around the globe.
AgriTalk has extended an invitation to all the 2024 presidential hopefuls to join Host Chip Flory and answer five standard questions about what they would focus on once in office.
From improved telehealth services to reimagined small-town hospitals, the National Rural Health Association is working to help folks in farm country tap into more and better medical care options.
COP28's decision to not include food and agriculture as a way to meet climate goals was influenced by a request from the G77 group of developing countries for additional review related to agriculture and food.
Some Republican House and Senate members have expressed their concerns to USDA Secretary Tom Vilsack, particularly regarding the new payment formula used for ERP in 2022.
Analysts say an initial cut could be made as early as first quarter 2024. One of the key factors the central banking system will consider is whether its inflation rate target of 2% has been achieved.
More than 1 in 5 U.S. adults live with a mental illness. U.S. Representative Jim Costa (D-CA) says Congress cannot ignore the mental health crisis in America anymore.
An extension of the current farm bill is now a reality. House and Senate Agriculture Committee leaders were able to extend the current legislation as a possible government shutdown looms.
The debate over immigration continues to be an issue in Washington. However, the Ag Economists' Monthly Monitor shows economists are still skeptical it's enough for Congress to act on immigration reform.
Rep. Thompson, chairman of the House Ag Committee, continues to express optimism about passing a new farm bill in December in the House of Representatives. But he says an extension of the current farm bill is needed.
While voters are casting ballots today, they're also looking ahead. A Biden-Trump presidential race rematch is currently forecast, but their ages, economic turmoil at home and conflicts abroad are weighty concerns.
Recently a new theory of comprehending Chinese government action has emerged and seems plausible if not likely: Xi Jinping may not be the sharpest pencil in the box, even borderline incompetent.
“I'm announcing that Syngenta, a Chinese state-owned agrichemical company, must give up its land holdings in Arkansas,” emphasized Arkansas Gov. Sarah Huckabee Sanders.
USDA has allocated more than $1.77 billion this year to agricultural producers and landowners through CRP. Since 2021, the CRP has witnessed a 21% increase in enrolled acres.
While the U.S. and EU aim to make progress during an upcoming summit, reaching a final agreement is uncertain. This issue has significant implications for U.S./EU ties, climate goals, and geopolitics.
Carbon dioxide pipelines are not new – but they’re making news. There is a major effort to build a new pipeline network to transport CO2 from ethanol and fertilizer plants to underground storage.
Work by the House or Senate Agriculture Committee on a new farm bill is essentially stalled, Randy Russell tells AgriTalk's Chip Flory. Russell says that could be the case until government funding issues are resolved.
China's Commerce minister expressed concerns over trade and tech restrictions to U.S. Senate Majority Leader this week. That's as the U.S. Commerce Department added 42 more Chinese companies to the export blacklist.
The attack on Israel by Hamas adds urgency to GOP efforts to elect a new House speaker. The need to focus on Israel may help get a House GOP leadership decision this week, several lawmakers said.
A Russian missile strike on Thursday hit eastern Ukraine, now considered one of the deadliest since the war started. Russia also attacked grain storage in the Odesa region, damaging a grain silo near the Danube River.
After the government twice flooded a farmer’s home and 900 acres, killed his cattle, and insisted he foot the bill, the Supreme Court will hear the case.
With the government funding in place for now, work on a new farm bill can continue, with the same questions (timing, funding, Title 1 reform, etc.) still being unanswered.
If Congress doesn't pass stopgap funding, crop production and progress reports will probably stall. That won't bode well for markets. "Usually it means that we've got some selling pressure ahead,” says one analyst.
When the House and Senate returns on Tuesday, lawmakers will have just five days left to avoid a shutdown, which would impact several USDA services, including key reports.
Members of Congress are currently in disagreement over how long it will take to get a new farm bill finished, which is why one ag economist fears it could take two years to finally see a new Farm Bill.
There are just over two weeks for Congress to pass 12 spending bills to avoid a total government shutdown. If time runs out, one analyst says that could mean no USDA report in October and no yield cuts, which are likely.
China's GDP growth could possibly drop lower than the U.S. this year. In fact, fewer and fewer sectors are healthy, and only then by direct government intervention.
In the name of regulation, can the government override the 4th Amendment? Yes, say Kansas ag officials. No, counters property owner Scott Johnson: “The government thinks it isn’t accountable, but we’re taking a stand.”
Waters of the U.S. rules have evolved many times in the past 50 years. EPA announced another round of changes on Tuesday, following a May Supreme Court ruling that required EPA to revise the definition.
USDA on Thursday lowered expectations for both ag exports and imports in FY 2023. The export decline is linked to corn and wheat, while the import decline is correlated with easing prices.