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Shining Light on Farm & Food Policy for 20 Years.
Thursday, October 31, 2024
The Senate on Thursday night gave final congressional approval to a $1.5 trillion bill to fund the government for fiscal 2022, more than five months after the budget year started. The Senate’s 68-31 vote clears the bill for President Biden’s signature.
Russia’s invasion of Ukraine could raise grain prices as much as 20% while boosting fertilizer prices another 13% and further inflating food costs, the UN Food and Agriculture Organization warns.
Dozens of European environmental and other non-government organizations are trying to head off any re-evaluation of the Farm to Fork Strategy to address the impact of the war in Ukraine.
USDA increased its forecast for global wheat stocks despite the war in Ukraine but also cautioned that the Russian invasion had “significantly increased the uncertainty” of agricultural supplies and demand around the world.
The top Republican on the Senate Agriculture Committee is calling on Agriculture Secretary Tom Vilsack to delay signup for the Conservation Reserve Program because of the war in Ukraine.
The war in Ukraine is threatening to cut global grain supplies and worsen food insecurity, leading to proposals to ramp up agricultural production in the United States and Europe by planting crops this year on conservation acreage.
The UN Food and Agriculture Organization is reporting that global food prices hit their highest level on record last month, and that doesn’t account for the full effects of the Ukraine crisis.
Congress faces a Friday deadline to pass a massive bill to fund the government for the rest of the fiscal year, but negotiations were still far from final heading into the weekend.