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Shining Light on Farm & Food Policy for 20 Years.
Saturday, October 19, 2024
Amid growing concerns about the impact of the war in Ukraine, the G7 ag ministers have joined the UN Food and Agriculture Organization in urging countries not to protect their own food supplies by restricting exports.
American Soybean Association delegates representing states throughout the U.S. voted Saturday to ratify a proposal supporting the U.S. negotiation of a free trade agreement with India and other countries in South Asia to take advantage of rising demand there.
The USDA is planning on four more in-person trade missions around the globe this year, including to the UK and Kenya, nations that the Trump administration opened up negotiations with for free trade agreements.
The Senate on Thursday night gave final congressional approval to a $1.5 trillion bill to fund the government for fiscal 2022, more than five months after the budget year started. The Senate’s 68-31 vote clears the bill for President Biden’s signature.
Russia’s invasion of Ukraine could raise grain prices as much as 20% while boosting fertilizer prices another 13% and further inflating food costs, the UN Food and Agriculture Organization warns.
Dozens of European environmental and other non-government organizations are trying to head off any re-evaluation of the Farm to Fork Strategy to address the impact of the war in Ukraine.
USDA increased its forecast for global wheat stocks despite the war in Ukraine but also cautioned that the Russian invasion had “significantly increased the uncertainty” of agricultural supplies and demand around the world.