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Shining Light on Farm & Food Policy for 20 Years.
Friday, September 27, 2024
When it comes to trade policy and climate, there are few indications an administration led by Vice President Kamala Harris will be much different from the one she has been a part of for four years.
Farm equipment suppliers such as Deere & Co. have been shedding jobs and other agribusiness giants are reporting weaker business prospects in North America, a potential harbinger of continued softness in farm income as producers head out to harvest crops this fall.
Major rail carriers have made major gains in improving service over the past couple of years, but the fluidity of their lines will be tested in the next few months as they look to transport thousands of carloads of freshly harvested corn, soybeans, wheat and other crops across the country.
The Canadian Labor Minister late Thursday afternoon intervened in a contract dispute between the nation's two major railways and a Teamsters union, directing a branch of the Canadian government to impose final binding arbitration on the two parties.
Nearly 10,000 Canadian rail workers are locked out amid a stalemate in contract negotiations with two of the country’s major railroads that has halted rail shipments within the country's borders. U.S. ag shippers and railroads worry the labor dispute could disrupt cross-border traffic.
Legal experts and economists say it's hard to tell how a federal ban on price gouging in the food industry would work, warning that price controls such as those suggested by Vice President Kamala Harris could come with unintended consequences.
High food prices have become major talking points in the upcoming presidential election, with both sides pointing to different causes for pricey grocery store receipts over the past four years. Economists say a number of factors have been at play, depending on the type of food.
President Joe Biden will address the Democratic National Convention tonight to help kick off what the Democrats hope will be an important step toward retaining control of the White House – and both chambers of Congress.
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