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Shining Light on Farm & Food Policy for 20 Years.
Thursday, October 17, 2024
Tight global grain stocks should continue to sustain commodity prices into next year, supporting strong, pent-up demand for farm equipment, executives with Deere and Co. said Friday.
Scientists are reporting some major success in sharply boosting crop yields by engineering plants to be more efficient at photosynthesis - their process of turning light into food.
The Agriculture Department is poised to pour nearly $20 billion into expanding climate-related farming practices and another $500 million into biofuel infrastructure, under a historic funding package the Democratic-controlled House cleared Friday to slash U.S. greenhouse gas emissions.
The White House is no doubt glad to see the Consumer Price Index stay unchanged for July. But there is little good news in the latest data for supermarket prices.
Grocery prices jumped another 1.3% in July, led by continued increases for dairy products, baked goods and other items, and are up 13.1% over the past year, the largest increase in supermarket costs in more than 43 years.
More than a year after courts forced the Agriculture Department to shut down a debt forgiveness program for minority farmers, Congress is set to give USDA wide open authority to aid borrowers of all races while providing additional aid to victims of past discrimination.