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Shining Light on Farm & Food Policy for 20 Years.
Monday, December 23, 2024
Archer Daniels Midland company CEO Juan Ricardo Luciano said in the company’s third-quarter earnings call Tuesday that low water levels on the Mississippi River will likely reduce soy exports from North America.
The top Republican on the House Ag Committee is making clear he wants nothing to do with some proposals by fellow conservatives to slash farm bill programs.
A federal indictment unsealed on Tuesday shows TJ Cox, a California Democrat whose one term in Congress included time on the House Agriculture Committee, is facing 28 counts of fraud.
Global prices for food commodities dropped sharply in July, led by declines in vegetable oil and grain markets, but food costs overall remain 13% above the level a year ago.
The ink was barely dry on a deal to allow shipments of grain stuck in Ukrainian ports when Russia unleashed a missile attack that has jeopardized the agreement.
The House will debate a package of six spending bills that include funding for departments and agencies critical to agriculture, and Republicans are pushing for votes on amendments aimed at highlighting key parts of President Joe Biden’s regulatory agenda.
A 10-year forecast for global agriculture projects that worldwide food consumption will increase by 1.4 % per year over the next decade, with the increase primarily concentrated in low to middle-income areas.