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Shining Light on Farm & Food Policy for 20 Years.
Saturday, May 04, 2024
Up until recently Mexico counted on the U.S. for nearly 100% of its rice imports, but that’s no longer the case. Countries like Brazil now find themselves at a price advantage to the once-dominant U.S. and they’re taking advantage of the situation at a rate that has the USA Rice Federation concerned that members are losing their largest and most reliable market.
There aren’t any compromises that the Biden administration is willing to make when it comes to Mexico’s effort to curtail its imports of genetically modified corn from the U.S., says Agriculture Secretary Tom Vilsack.
Agriculture Secretary Tom Vilsack said Thursday that the U.S. is prepared to call for a dispute resolution panel under the U.S.-Mexico-Canada Agreement unless Mexico backs off its plan to bar at least some U.S. exports of biotech corn.
U.S. and Mexican government officials have been meeting over Mexico’s plan to ban on genetically modified corn, but the National Corn Growers Association says time is running out and the Biden administration needs to take action soon.
The upcoming election could further shrink Democratic representation of rural areas in the House of Representatives, making it more difficult for agriculture advocates and the pesticide industry to find lawmakers who can get federal regulators’ attention.
After several months of deal-making between Kansas City Southern, Canadian National and Canadian Pacific railroad companies, KC Southern is again choosing to merge with Canadian Pacific in hopes of creating the first-of-its kind railroad from Canada to Mexico.
President Joe Biden’s proposal to eliminate stepped-up basis and tax capital gains at death has run into opposition from a key Democrat. The chairman of the House Agriculture Committee, Georgia Democrat David Scott, says the tax plan could hurt farmers even though the tax liability would be deferred as long as a family farm stays in operation.
Mexico’s top court issued a five-to-zero ruling on Wednesday that would allow the Mexican government to follow through on a promise to lift a barrier to imports of U.S. potatoes, according to a statement released by the U.S.-based National Potato Council.
