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Balanced Reporting. Trusted Insights.
Sunday, April 13, 2025
The cost of groceries jumped in March on higher prices for meat, eggs and milk, despite an overall decline in the cost of living. The overall Consumer Price Index fell 0.1% last month.
Removing soybean oil and other seed oils from the food supply would force the food industry to rely heavily on imported palm oil to fill the gap, driving up consumer prices, according to a study funded by the United Soybean Board.
Chicken producers have shown an increased willingness globally to use sorghum rather than corn in their feed to save on costs, demonstrating sorghum’s potential to be an alternative feed source, according to USDA economists.
Declines in wheat and hay acreage may be the main drivers behind a decade-long drop in total crop acreage, according to an analysis by a University of Illinois economist.
President Donald Trump’s nominee to be deputy agriculture secretary, Stephen Vaden, sought to assure senators Tuesday that USDA would be a forceful advocate for ensuring that tariff negotiations seek to remove barriers to farm exports.
House GOP leaders will try to win passage of the Senate-passed budget framework over opposition of deficit hawks this week, and lawmakers will get a chance to vent their concerns about the market turmoil unleashed by President Donald Trump’s stiff new tariffs. You'll find a full list of hearings and events scheduled for this week.
Just hours after President Trump announced sweeping new duties on U.S. trade partners, multiple senators from his own party sided with Democrats to rebuke his trade policy.
