Articles Tagged with ''dairy''

President-elect Joe Biden has tapped a China expert to be his U.S. Trade Representative, reflecting the most pressing trade issue his administration will face on day one – the ongoing trade war with the Asian economic powerhouse.

After months of complaints from U.S. dairy farmers, the Trump administration took the first step Wednesday in challenging Canada’s implementation of new tariff rate quotas. The two countries will now begin consultations under dispute rules laid out in the U.S.-Mexico-Canada Agreement, which could lead to the formation of an official dispute panel.

Like most dairy producers in late 2019, Ryan Klussendorf of Medford, Wis., was optimistic about 2020 dairy prices and he did not sign up for USDA’s Dairy Margin Coverage program. But after seeing the extreme volatility of this year, he’s not taking any chances for 2021 and said other producers shouldn’t either.

With farmers under pressure to cut their environmental footprint, global agribusiness giants as well as small tech startups are rushing to come up with ways to slash farm pollutants and make it possible for producers to cash in on carbon credits and other new forms of income.

President-elect Joe Biden promised on the campaign trail to reverse the Trump administration’s policy of breaking ties with Cuba, and that has U.S. farm groups once again hoping their farmers will benefit with increased trade.

A nationwide cap and trade program hasn’t been on the legislative horizon since the idea died in Congress in 2010, but government and private market developers are counting on there being a robust demand for carbon offsets from a host of corporations, including energy companies, airlines and even major food companies, that need to offset their emissions.

The new Food and Agriculture Climate Alliance is out with its proposals for rewarding farmers for dealing with climate change. Now, the question is how much of the plan gets picked up.

China is celebrating the signing of what will be the world’s largest trade pact, which includes 15 countries representing 30% of global GDP, pushing international trade to the forefront as President-elect Joe Biden prepares to take office in January.

A dizzying array of ongoing research projects, with sponsors ranging from the Energy Department to multinational food industry giants, may determine whether carbon credit markets can become a reliable, meaningful source of income for farmers.

Multinational giants in retail, agribusiness, meat processing and food manufacturing, along with the largest restaurant chains and leading apparel brands, want U.S. farmers and ranchers to produce food and fiber more sustainably. This is the first of a five-part Agri-Pulse series that looks in-depth at how reductions in greenhouse gas emissions could have far-reaching effects on American farmers and ranchers.