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Shining Light on Farm & Food Policy for 20 Years.
Monday, October 21, 2024
The USDA announced today it will be buying up to $50 million worth of fluid milk in an effort to bring financial relief to the dairy industry, which is suffering from high production and foreign trade tariffs.
If the U.S. and Europe agree to discuss agricultural issues in their upcoming trade negotiations, geographical indications could prove a formidable obstacle to achieving success.
The U.S. sugar market is changing, with more emphasis placed on secure supply and fast, dependable delivery over the bare market price, experts said at the annual American Sugar Alliance conference.
A Brazilian court has given the country's health agency 30 days to finish reviewing the safety of three agrochemicals, including glyphosate, before their use would be suspended.
As U.S. leaders pledge to increase tariff rates on Chinese products and the Asian giant plans to retaliate, more farmers are asking: “How do tariffs really work?”
China today promised to strike back once again over a planned escalation of U.S. import taxes. The Chinese Finance Ministry announced it will increase tariffs on an additional $60 billion worth of U.S. products if the U.S. follows through with a plan to add tariffs to $200 billion of Chinese goods by September.
President Donald Trump today asked his top trade negotiator to consider increasing the pain from proposed new tariffs on $200 billion of Chinese goods, raising the rate to 10 percent to 25 percent.
Some Republicans say the best thing Congress could do to help farmers withstand the turmoil in trade policy is to pass a new farm bill. But economists say the legislation is unlikely to offer much relief to farmers, especially soybean growers, even if commodity prices don’t recover from their current tariff-induced slump.
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