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Shining Light on Farm & Food Policy for 20 Years.
Thursday, October 31, 2024
The Department of Agriculture has agreed to use Commodity Credit Corporation funds to spend about $1.4 billion on a program to help farm groups market their commodities overseas and about $1.1 billion to pay for commodity-based international food aid, according to sources.
Farm groups have grown accustomed over the last few years to having more money to work with for promoting their products overseas, but that abundance could come to an end quickly.
Congress continues to move toward a showdown on federal spending this week. But first, the Senate is going to take up a package of three fiscal 2024 spending bills, including the measure to fund the Agriculture Department and Food and Drug Administration.
Prices for globally traded food commodities fell in August on declines in the cost of dairy products, vegetable oils and other products, reversing an increase the month before.
The Senate has kicked off its fall work period staring at a possible government shutdown – and continued uncertainty as to when a farm bill can get to the floor.
It’s no secret that heading up one of the nation’s many agricultural organizations can be a lucrative day job, but the people commanding those hefty paychecks are being tasked with navigating a shifting to-do list as they lead their workforces and their industries.
China says it is ready to join the plant biotechnology revolution, opening its fields to the widespread cultivation of genetically modified soybean and corn crops in an effort to bolster domestic production, but it’s unclear if the transformation will benefit U.S. exports.
Union members at West Coast ports have voted to ratify a six-year labor contract that was first tentatively agreed upon in June, the International Longshore and Warehouse Union and the Pacific Maritime Association announced.
Ag Secretary Tom Vilsack says the Environmental Protection Agency’s work to redefine what constitutes a “water of the U.S.” should make the regulation easier to understand in farm country, an opinion that runs contrary to the opinion of many ag groups.
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