Governmental Regulations
Farm-state lawmakers will eventually add billions to the aid package, but Sen. Chuck Grassley (R-IA) agrees it could take until a later omnibus spending measure to be approved.
With Ukraine and Russia at war in the midst of a world moving away from the worst of the COVID-19 pandemic, there is a lot to consider in the 2023 Farm Bill. Industry experts weighed-in to share their predictions.
“This is my plea, from a humble farmer in Ukraine to the people of the world: Please ask your governments to stop this reckless war, launched by that cruel and power-hungry authoritarian, Vladimir Putin.”
Have the Pacific Coast port bottleneck issues been resolved, or moved somewhere else? The East Coast may now be carrying the burden.
An oil price of $120 a ton could send the global economy into a major recession and fan inflation in the U.S., which Jim Wiesemeyer says is already in double digits for rural Americans.
Putin said he now wants to renegotiate the U.N.-brokered Ukraine grain export deal, raising concerns the pact may not be able to last. Meanwhile, G7 countries mull over a $44 price cap on Russian oil.
“Friend shoring means that, rather than just bringing everything [manufacturing] back to the U.S., which is feasible, let’s make sure our supply chains are with countries that are friendly to us,” Heidelberg says.
Venture Global penned an agreement to supply a German company, EnBW, with natural gas. Policy analysts say the deal will put pressure on the U.S. government to establish export restrictions amid rising gas costs.
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