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Shining Light on Farm & Food Policy for 20 Years.
Sunday, November 03, 2024
Amid growing concerns about the impact of the war in Ukraine, the G7 ag ministers have joined the UN Food and Agriculture Organization in urging countries not to protect their own food supplies by restricting exports.
The Department of Agriculture is looking to award grants into U.S. fertilizer production and plans to give more time for interested parties to submit their applications for a round of funding to promote climate-smart commodities.
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.
The price consumers paid for groceries jumped 1.4% in February, helping to drive an overall increase in the Consumer Price Index of 7.9% over the past 12 months, the largest in 40 years, the Bureau of Labor Statistics reported Thursday.
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.