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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 01, 2024
The USDA confirmed Thursday morning that China has purchased 1.13 million metric tons of U.S. soybeans, ending months of virtually no purchases since the Chinese government levied a 25 percent tariff on soybeans, corn, wheat, sorghum and other ag commodities.
The new farm bill expected to head to President Donald Trump’s desk within days is making history with the breadth of support inside and outside Congress. The reason is plain to see in its 540 pages.
Rice millers and farmers from Central America and the Dominican Republic are making an urgent plea to their U.S. counterparts: Help stop the reduction in tariffs on U.S. rice.
British Prime Minister Theresa May today called off a Tuesday vote by the U.K. Parliament on her negotiated plan to withdraw from the European Union. Without giving a specific timeline, May said the vote was delayed because she believed her Brexit plan "would be rejected by a significant margin.”
Lawmakers seek to move their long-awaited farm bill this week, and the Trump administration is set to release a new “waters of the U.S.” rule that would remove ephemeral streams and many wetlands from federal jurisdiction.
President Donald Trump and the White House have been making some big promises about China coming back into the market to purchase U.S. farm commodities, but the details over which products, how much, and when this will happen remain murky beyond descriptive terms like “massive amounts” and “immediately.”
President Donald Trump, while talking to reporters aboard Air Force One this weekend, dropped a trade bomb few were expecting: He said he planned to officially notify Mexico and Canada that he will pull the U.S. out of the North American Free Trade Agreement, giving Congress six months to ratify his new trade pact or suffer the consequences.
The tough economic times agriculture currently faces could last for almost another decade, an ag economist told the American Seed Trade Association Tuesday in Chicago.
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