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Shining Light on Farm & Food Policy for 20 Years.
Sunday, February 16, 2025
Southern producers with cotton, rice and peanut base acreage would see their farm program payments more than double, while growers in other regions would see smaller increases under the GOP farm bill the House Agriculture Committee will consider this week, according to a new analysis.
U.S. agricultural exports must contend with a wide range of trade barriers not based in science that impede access to overseas markets, the Office of the U.S. Trade Representative said in its latest National Trade Estimate Report.
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.
The UN Food and Agriculture Organization’s index of global food commodity prices eased again in January, led by lower prices for grains and meat, and is down 10.4% from a year ago.
The Department of Agriculture’s annual Crop Production report surprised traders with increases to the 2023 corn and soybean yield, pulling prices for both commodities lower in what could be the start of a longer trend.