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Shining Light on Farm & Food Policy for 20 Years.
Sunday, March 30, 2025
The House Agriculture Committee is considering raising reference prices based on a commodity’s relative input costs, an approach that could benefit some southern crops over commodities such as soybeans and corn.
The Mexican government continues to scoff at U.S. concerns over President Andrés Manuel López Obrador's restriction on genetically modified white corn, but the threat of the constraint is real, and damages are already accruing, according to American farmers and farm groups.
Much larger corn crops in Argentina and the U.S. will be driving down global prices and spurring international trade in the 2023-24 marketing year, USDA said Friday.
The Biden administration is moving quietly to sharpen its strategy and build up its arguments as it takes internal steps towards a potential trade dispute with Mexico over its ban on genetically modified white corn, according to sources with knowledge of the developments.
The World Bank projects that agriculturalcommodity priceswill drop 7% this year and likely fall again in 2024, providing some relief from global food inflation.
Groups representing producers of U.S. row crops are far from united on what Congress should do to improve commodity programs, even as the House and Senate Agriculture committees look to start writing a new farm bill in coming weeks.
Eastern European leaders have consistently supported Ukraine as it battles Russian forces, but they are struggling to maintain that united front as their farmers contend with Ukrainian grain that has flooded their domestic markets and depressed prices.
Lawmakers, farm groups and the ag industry are all eager for the Biden administration to move to a dispute process over Mexico’s restrictions on genetically modified white corn, but there’s no sign yet from the Office of the U.S. Trade Representative that it’s ready to do that.
The USDA slashed its forecast for Argentina’s corn and soybean production in response to widespread drought and raised its prediction for Chinese wheat imports in its April World Agricultural Supply and Demands Estimate.
