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Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
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.
Soybean growers in Brazil already have lower production costs than their U.S. counterparts, and Brazil is making some headway in cutting its inland transportation expenses as well, according to a new study by USDA’s Economic Research Service.
A coalition of biofuels groups is pushing back at a federal appeals court ruling. The 5th U.S. Circuit of Appeals last week vacated multiple denials of small refinery exemption requests from the biofuel blending mandates, ruling that the agency had used an “impermissibly retroactive” standard.
Brazil, a country that produces 42% of the world’s soybeans and 12% of its corn, is intrinsic to global food production, but all of that hinges on the South American nation’s ability to bring in billions of dollars’ worth of fertilizer from thousands of miles away. It’s a situation that Matt Simpson, CEO of the company Brazil Potash, said he wants to help change.
Strong global demand for agricultural commodities will put more pressure on limited phosphate and potash supplies and strengthen fertilizer prices in 2024, Mosaic CEO Joc O’Rourke said Wednesday.
House Agriculture Committee Chairman Glenn “GT” Thompson is acknowledging Speaker Mike Johnson’s plan for a House farm bill debate next month isn’t realistic.
The Biden administration is voicing dissatisfaction with two House spending bills teed up for action this week, criticizing drastic budget cuts and legislative riders targeting the administration’s diversity, equity and inclusion efforts.
Mississippi River water levels are at historic lows – dropping even below where they were last year when barge transport came to a complete halt – and that means increased costs and slower delivery for farmers that need to get their crops to the Gulf.