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Balanced Reporting. Trusted Insights.
Monday, June 27, 2022
Congress last week made it clear that ocean carrier companies cannot “unreasonably” refuse to book space on ships for U.S. ag exports, but now it’s up to the Federal Maritime Commission to decide exactly what that means and the fate of foreign markets for U.S. some farm commodities is at stake.
“Not that I’m aware of.” House Agriculture Chairman David Scott says that answer from Tim Schellpeper, the CEO of meatpacking giant JBS USA, at a hearing in April is enough to justify setting up a special investigator’s office at USDA to look into meat industry practices.
The House is expected to clear a bill this week aimed at ending port bottlenecks and also pass a package of measures that Democrats claim will help bring food, fertilizer and fuel prices under control.
Ag Secretary Tom Vilsack said USDA is walking a fine line as it navigates competing pressures to produce more food, keep growers profitable and address climate change.
With the Ocean Shipping Reform Act of 2022 advancing quickly in Congress, shipping experts have begun to turn a critical eye toward the Federal Maritime Commission – the agency responsible for regulating overseas trade.
Two GOP House lawmakers Monday introduced a bill aimed at easing supply chain backlogs called the SHIP IT Act, while negotiations over the Ocean Shipping Reform Act continue in the House.
Cuban President Miguel Díaz-Canel on Wednesday night met a group of visiting officials representing wheat, corn, poultry, and other sectors of U.S. agriculture.
