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Shining Light on Farm & Food Policy for 20 Years.
Sunday, October 20, 2024
Agriculture Secretary Sonny Perdue likes to tell people that he’s a “grow it and sell it kind of guy” who is always on the lookout for opportunities to do so. Increasingly, that means understanding world population and demand growth – outside of U.S. borders.
U.S. and South Korean negotiators have reached a preliminary agreement to preserve the six-year-old free trade pact between the two countries that has been very lucrative for U.S. agricultural exports, say Trump administration officials.
Beef, poultry, dairy and rice are just some of the commodities the U.S. could be exporting a lot more of to the UK if it breaks away from trade barriers when it exits the European Union.
The leaders of Japan and the other 10 remaining countries in the renamed Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed off on the sweeping trade pact last Thursday and many in the U.S. ag sector are worried they’ll suffer from being left out.
Livestock haulers will get another 90-day waiver on hours of service trucking regulations, the U.S. Dept. of Transportation announced Tuesday. That buys ag organizations a little more time to negotiate a long-term solution. But will 90 days be enough?
Amid depressed farm income, American farmers will produce record amounts of meat, poultry and milk this year while slightly increasing plantings of major field crops, according to the Agriculture Department.
Economists think it’ll be a while before we see an influx of lab-grown protein sources make their way into the food supply, but some beef producers aren’t willing to wait for mainstream acceptance before looking at how products could impact their own piece of the protein pie.