Trade

RSS

The Natural Resources Conservation Service is up to 11,709 full-time staff, a level not seen in over a decade, amid its efforts to roll out $19.5 billion in additional conservation funding provided through the Inflation Reduction Act.

Corn and soybean prices fell Friday following USDA’s release of its latest World Agricultural Supply and Demand Estimates report, which projects a record soybean crop and “smaller supplies, larger exports, and reduced ending stocks” for corn.

Renewable natural gas, or methane from non-fossil sources, continues to penetrate the nation’s energy system, led by a replacement for diesel fuel in California. 

The European Commission is seeking a one-year delay in the implementation of an anti-deforestation law with implications for U.S. beef and soy producers as it looks for answers to a flurry of questions from the U.S. and its other trade partners about how such a policy would work.

East Coast dockworkers ended their strike after reaching a “tentative agreement on wages” with the United States Maritime Alliance, the International Longshoremen’s Association and USMX said in a joint statement Thursday. The two sides have extended their current contract and will keep negotiating until Jan. 15 to finalize a new one.

Parts of Georgia, the Carolinas and Tennessee are experiencing devastating crop and farm damage from Hurricane Helene, which touched land on Florida’s panhandle Thursday.

Roughly 25,000 dock workers went on strike early Tuesday morning leaving ports stretching from Maine to Texas unable to move containers of poultry, soybeans, animal feed, cotton, meats, bananas and other agricultural products onto and off of ships. 

The value of U.S. agricultural exports over the past four years is 28.5% higher than when Joe Biden became president, the Office of the U.S. Trade Representative and USDA announced Monday. 

Agriculture Secretary Tom Vilsack said Saturday that the Biden administration has no plans to intervene to stop a dockworker strike. He also told reporters lawmakers need to “get practical” in their farm bill negotiations.