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Shining Light on Farm & Food Policy for 20 Years.
Friday, October 18, 2024
Farmers should find out next week about a new round of coronavirus relief payments, and there could be some additional aid in the works for farmers hit by natural disasters this summer.
USDA will release the rules for the next round of coronavirus relief payments to farmers next week, just ahead of the deadline for applying for the first round, Ag Secretary Sonny Perdue says.
USDA’s latest farm income forecast is making clear how critical government payments are to the ag economy this year. USDA is projecting that payments will be up 66% this year to more than $37 billion. And that number may go higher.
Many farmers will see their incomes rise this year amid the historically massive outpouring of government aid producers have received as a result of the COVID-19 pandemic, USDA says.
After weeks of talks, Brazilian and U.S. negotiators have a tentative deal to extend Brazil’s tariff rate quota for U.S. ethanol by 90 days to give both countries more time to hammer out a more permanent agreement on trade.
The Trump administration is acting to remove another regulatory barrier to agricultural biotechnology by proposing to streamline EPA's oversight of pest-resistant plants. But there's little sign of progress on reforms to FDA’s regulation of gene-edited animals.
The Environmental Protection Agency is proposing to exempt from its regulation some biotech crops that are genetically engineered to be toxic to damaging insects and other plant pests.
The impasse over coronavirus relief continues on Capitol Hill. House Agriculture Committee Chairman Collin Peterson doesn’t think a deal is going to be reached this month, but he tells Agri-Pulse he’s watching to see if some ag provisions could be included in a continuing resolution that will be needed to keep the government running after the new fiscal year starts Oct. 1.
Brazil’s tariff rate quota that allows 198 million gallons of U.S. ethanol into the country duty-free expires today, adding pressure to negotiators who are under fire from lobbyists and lawmakers in both countries to get better deals for their farmers.
House Agriculture Committee Chairman Collin Peterson supports Joe Biden’s plan to eliminate President Donald Trump’s tariffs on China but isn’t sure what the alternative is for countering Chinese trade practices.