Articles Tagged with ''corn''

The prolonged drought in the upper Midwest is dragging down crop yields by more than the government or traders expected, although U.S. farmers should produce 4% more corn and 5% more soybeans this year than they did in 2020, according to the Agriculture Department's first survey-based estimates of the fall harvest.

The U.S. needs to take enforcement action under the U.S.-Mexico-Canada Agreement to address Mexico’s continued refusal to approve genetically modified crop traits and counter Mexico’s threat to ban GMO corn from the human food supply, Biotechnology Innovation Organization President and CEO Michelle McMurry-Heath told lawmakers Tuesday.

Old crop corn and soybean ending stocks stayed steady in the Department of Agriculture's latest World Agricultural Supply and Demand Estimates report released Monday.

Farmers are expected to plant more corn, soybeans, and wheat acres than last year, but official estimates from a USDA report released Wednesday came in below trade expectations, which sent futures prices soaring.

The Supreme Court’s rejection of a petition seeking review of California’s Proposition 12, which sets animal housing standards for meat sold in the state, ends an effort by the North American Meat Institute to set aside the requirements. But the meat industry has another shot at legal redemption in the 9th U.S. Circuit Court of Appeals.

The Senate could vote soon on the Growing Climate Solutions Act, a bill intended to speed the development of ag carbon markets, but it’s not yet clear what the House will do with the legislation.

The U.S. and European Union remain at odds over major trade issues, but leaders announced a new age of cooperation Tuesday, and U.S. farmers stand to benefit if leaders can follow through on the goodwill expressed in Brussels this week.

USDA is using a new round of coronavirus relief funding to help farmers who serve local markets and socially disadvantaged producers. Food banks also will benefit from the $1 billion in funding that USDA is allocating.

U.S. Trade Representative Katherine Tai spoke with China’s top trade official Wednesday night in an “introductory virtual meeting” as the Chinese continue to make big purchases of U.S. agricultural commodities and the U.S. farm sector counts on strong trade to continue.

The Department of Agriculture's Economic Research Service is now forecasting an even higher record-breaking year for U.S. agricultural exports in fiscal year 2021.