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Shining Light on Farm & Food Policy for 20 Years.
Saturday, May 18, 2024
The positive reception that biotech wheat has received in Argentina is being closely watched in the U.S., but experts say any genetically engineered variety faces a long road to approval here.
The Biden administration on Thursday announced plans to use USDA’s Commodity Credit Corporation spending authority to provide $1 billion in additional food assistance overseas, a move requested by leaders of the Senate Agriculture Committee last year.
The UN Food and Agriculture Organization’s index of global food commodity prices eased again in January, led by lower prices for grains and meat, and is down 10.4% from a year ago.
Disruptions in the Red Sea due to attacks from Houthi rebels and a drought-induced slowdown of goods through the Panama Canal are driving up freight costs and putting a focus on the vulnerabilities of key chokepoints in agricultural shipping lanes.
Cibus, a gene editing technology company, says it has completed what it believes is the first regeneration of wheat from a single cell, offering new possibilities for innovation in the global staple crop.
The USDA’s Economic Research Service on Thursday lowered its forecast for U.S. agricultural exports in fiscal year 2024 to $169.5 billion. That’s down $2.5 billion from USDA’s previous forecast in August and down $9.2 billion from exports in FY 2023.
Ukrainian farmers are producing more wheat and corn than expected in a war-torn country where seeds and inputs are difficult to come by and swaths of farmland are in occupied territory, but exports are on the decline again as Russia steps up its attacks on Ukraine’s beleaguered port facilities, according to a new analysis by USDA’s Foreign Agricultural Service.