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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 22, 2024
The U.S. is escalating its dispute with Mexico over the country’s ban on genetically modified white corn and its intent to eventually bar all biotech corn from food and animal feed by calling for the establishment of a dispute panel under the U.S.-Mexico-Canada Agreement.
China had no right to hit U.S. exports – including farm commodities - with retaliatory tariffs five years ago in response to U.S. steel and aluminum tariffs, according to a ruling Wednesday by a World Trade Organization dispute panel.
Drought, low prices, supply chain disruptions have been plaguing California’s walnut farmers for years and a heat wave during last year’s harvest scorched the state’s groves, but ideal weather so far this year has the sector optimistic that growers are going to see their fortunes change.
Prices for fertilizer products have been dropping for months from highs last year after many producers cut down on applications, but major manufacturers such as Mosaic and Nutrien see farmer demand rising amid bullish fundamentals.
Haiti is the largest foreign market for U.S. milled long grain rice and the escalation of gang violence there is threatening the ability of the U.S. to export grain to the country.
Lawmakers continue to struggle with what to do about commodity programs in a new farm bill, including how to pay for increases in reference prices. One idea is to require farmers to update their base acreage to reflect current plantings.
People in some of the poorest and hungriest nations in the world may be the hardest hit by India’s decision last month to ban exports of long grain, non-basmati rice – a move that’s already pushing global prices higher and forcing import-dependent countries to scramble to find supplies, according to analysts and trade data.
A bipartisan quintet of House Ag Committee members visited Maine Monday for a listening session on the next farm bill, and many local speakers used the event to call for improved crop insurance in the region.
