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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 19, 2024
The average dairy herd has grown by about 150% over the past two decades, according to a study by USDA’s Economic Research Service that also confirms the growing significance of Texas and Idaho in dairy production.
Former Agriculture Secretary Sonny Perdue said in 2019 that the economic realities of dairy farming were forcing farmers to get bigger or get out of the business. The 2022 Census of Agriculture confirms the continuing trend toward larger farming operations.
The beef industry will face scrutiny this week from senators who are under pressure to curb the pricing power of big meatpackers, while the full Senate is nearing a vote on a bill to accelerate the development of ag carbon markets.
Tom Vilsack is trying to reassure farmers and their allies in Congress that the Biden administration’s drive to address climate change will provide significant economic benefits without jeopardizing demand for biofuels.
The Justice Department has decided to approve Bayer’s acquisition of Monsanto after DOJ and the two companies reached an “agreement in principle,” according to the Wall Street Journal.
