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Shining Light on Farm & Food Policy for 20 Years.
Saturday, August 17, 2024
The National Milk Producers Federation and International Dairy Foods Association are jointly asking USDA to rescue the industry from the impacts of the COVID-19 pandemic by paying farms to cut production and providing forgivable loans to processors to keep buying milk.
The American Farm Bureau Federation delivers the Trump administration a detailed list of requests to swiftly use its authority under the $2 trillion economic stimulus package to rescue “all sectors of agriculture” from the twin blows of plunging commodity prices and the COVID-19 pandemic.
President Donald Trump signs into law a $2 trillion economic stimulus package that includes $23.5 billion in aid to farmers and ranchers as well as marketing loan relief.
Dean Foods and Dairy Farmers of America agreed to new bid procedures as one of the nation's largest largest food and beverage companies tries to emerge from Chapter 11 bankruptcy.
Farm groups are lobbying Congress and the Trump administration for a number of relief measures to help producers cope with the slide in many commodity markets that has deepened as the COVID-19 pandemic worsens.
Commodity markets continue to skid and farmers are heading into planting season facing the prospect of a global recession spawned by the coronavirus pandemic that could further depress demand for key ag commodities, including meat and ethanol, economists say.
Canada’s House of Commons and Senate went into overdrive Friday and rushed through votes to approve implementing legislation for the U.S.-Mexico-Canada Agreement before going on recess amid concerns over the spread of the coronavirus.
China is continuing to follow through on promises to remove non-tariff barriers to U.S. farm commodities, according to a new compilation of goals that China agreed to in the “phase one” agreement that went into effect last month.
Chinese importers have been applying for — and getting — tariff exemptions to buy U.S. dairy products as a result of the “phase one” trade agreement, U.S. Dairy Export Council CEO Tom Vilsack tells Agri-Pulse.