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Shining Light on Farm & Food Policy for 20 Years.
Thursday, October 31, 2024
Russia’s threat to pull out of the Black Sea Grain Initiative continues to threaten global supplies of wheat and corn, but China would be one of the biggest losers would be China if that happens.
House lawmakers are setting the stage for a farm bill battle over international food aid with new legislation to diminish the role of non-profit humanitarian groups and eliminate the roles of cash and non-U.S. origin food in the assistance delivered around the world.
India marked Prime Minister Narendra Modi’s visit to the White House and Capitol Hill by agreeing to cut tariffs that it imposed on some U.S. farm goods five years ago in retaliation for U.S. tariffs on Indian steel and aluminum imports, the Office of the U.S. Trade Representative said Thursday.
The Senate Finance Committee used a hearing Thursday to highlight the fact that Brazilian packers are producing beef from cattle raised illegally on land once made up of lush Amazon jungle, and some of the beef from those animals may end up in the U.S. market, competing with U.S.-raised product.
A bipartisan group of lawmakers are introducing legislation today to ensure the government keeps using U.S. commodities to provide food aid around the world. About half the funds for the Food for Peace program are currently used to purchase and deliver U.S. farm goods.
U.S. trade policy should not be focused on using American might for deals to increase exports, but rather trading access to U.S. markets in return for influence on foreign countries, according to U.S. Trade Representative Katherine Tai.
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