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Shining Light on Farm & Food Policy for 20 Years.
Friday, October 11, 2024
House Democratic leaders are aiming to push through a stopgap spending bill this week after threatening a fight with the White House, and potentially with some of their own rural members, over a plan that could jeopardize farmers’ trade aid payments.
China is planning to lift tariffs on U.S. pork and soybeans ahead of high-level talks between the two countries, but it remains unclear how steep the tariff cuts will be, according to U.S. ag groups and Chinese government-run media outlets.
House Democrats are considering a stopgap spending bill that could prevent or slow delivery of President Trump's trade aid payments to farmers after the fiscal year ends Sept. 30.
House Democrats are poring over a letter from U.S. Trade Representative Robert Lighthizer on proposed fixes for the U.S.-Mexico-Canada Agreement, and House Ways and Means Committee Chairman Richard Neal said Thursday he’s preparing a response to send back Thursday or Friday.
U.S. dry whey, a key component in swine feed, is just one of the 16 U.S. commodities the Chinese Finance Ministry will exclude from tariffs beginning Sept. 17, according to a Wednesday announcement.
Leaders of several biofuel companies tell Trump administration officials at a White House meeting that they need to make up for ethanol usage that is exempted by future refinery waivers, sources say.
The Democratic presidential candidates are rallying around a carbon tax as a central solution to climate change, but putting the idea into law will mean overcoming concerns of farm groups about the tax’s intended goal - raising the cost of fossil fuels.
The trade war between the U.S. and China could go on for months or years, according to erratic statements from the White House, but for the first time in weeks, there is renewed optimism because China has agreed to new negotiations.
Trade tensions, the Trump administration's decisions on biofuel policy, and an oversupply of ethanol are placing ethanol plants in a tight spot financially, forcing some to either shut down or press pause on production until conditions improve, industry officials say.
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