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Shining Light on Farm & Food Policy for 20 Years.
Friday, March 07, 2025
With drought conditions worsening in many parts of California and more water restrictions, farmers will likely idle between 600,000 to 800,000 acres this year, says Roland Fumasi, EVP & North American Regional Head, RaboResearch Food & Agribusiness.
The COVID-19 pandemic has worsened global hunger, according to a new report from the UN Food and Agriculture Organization. The FAO estimates that as many as 811 million people faced hunger in 2020, an increase of as much as 161 million people over 2019.
Water is now being traded on the CME Group's new index, but some California water managers and market observers are less confident the futures contract will offer much benefit.
Curt Hudnutt has been tapped as the new president and chief executive officer of American AgCredit, Roland Fumasi will lead Rabobank’s RaboResearch Food & Agribusiness team in North America and Julie Busse has been promoted to communications director at the National Corn Growers Association.
The retaliatory tariffs imposed by China on imports of U.S. fruits and tree nuts will hurt American producers, but the pain will be eased by increased demand from a surging middle class in the world’s most populous country, according to a RaboResearch report.
