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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 26, 2024
Mexico will likely overturn its import ban on genetically engineered corn but enact a domestic planting ban into law, President Claudia Sheinbaum said after a USMCA dispute panel sided with the U.S. last week.
A U.S.-Mexico-Canada Agreement dispute resolution panel ruled on Friday that Mexico’s ban on genetically modified corn is not founded in science, paving the way for U.S. retaliation unless the ban is lifted.
The chairman of the House Ways and Means subcommittee that handles trade policy says he’s concerned about the U.S. becoming embroiled in tit-for-tat tariff escalations that could lead to ag producers facing new duties.
Those in the biofuel industry and lawmakers from biofuel-heavy districts are expecting enough bipartisan support to preserve the 45Z credit in tax reforms next Congress.
Republican House members from the Midwest and parts of California and Texas represented the nation's 10 top-selling districts for agricultural commodities in 2022, according to new data published by the National Agricultural Statistics Service.
The U.S. pork industry wants to see a return of the Generalized System of Preferences trade program, which expired in 2020, seeing it as key to gaining new access to markets in countries like Thailand and the Philippines.
The Japanese tariff on U.S. beef has dropped gradually from 38.5% in 2019 to 23.3% this year as a result of the three-year-old U.S.-Japan Trade Agreement, a prime example of the kind of free trade agreement the U.S. ag sector and some lawmakers say they want to see replicated.
A request from several Midwest governors to sell E15 year-round in their home states is now before the White House Office of Management and Budget. The news comes as 24 House members introduced a bill to match Senate legislation on the subject.
