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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 19, 2024
It’s long been a point of pride in American agriculture that the United States exported more than it imported in farm commodities, but that surplus has vanished and may not be coming back anytime soon.
A package of fiscal 2024 spending bills released by congressional leaders Sunday includes new provisions to address concerns about foreign acquisition of U.S. farmland and agribusiness interests and also provides full funding for the Women, Infants and Children nutrition assistance program.
Agriculture Secretary Tom Vilsack said Friday the Biden administration would need several more weeks to finalize its carbon assessment of feedstocks for sustainable aviation fuel, but he continued to express confidence that most of the product would ultimately come from agricultural sources.
Farm groups are warning Congress that revoking China’s trade status could set off a new trade war that would have serious repercussions for the ag economy.
The House is expected to vote today on whether to expel New York Republican George Santos following an Ethics Committee report released in November. It will take a two-thirds majority of the House to remove Santos.
The USDA’s Economic Research Service on Thursday lowered its forecast for U.S. agricultural exports in fiscal year 2024 to $169.5 billion. That’s down $2.5 billion from USDA’s previous forecast in August and down $9.2 billion from exports in FY 2023.
The Agriculture Department announced Wednesday it will dole out $300 million during the first year of its new $1.2 billion Regional Agricultural Promotion Program, or RAPP.
The Agriculture Department on Thursday raised its yield estimates for corn and soybeans and predicted stronger production for both commodities in its November crop report.
Strong global demand for agricultural commodities will put more pressure on limited phosphate and potash supplies and strengthen fertilizer prices in 2024, Mosaic CEO Joc O’Rourke said Wednesday.
In this opinion piece, Eric Boeck of Syngenta addresses the recent actions requiring Syngenta to sell Arkansas farmland and the potential impact those decisions could have on the company.
