The Trump administration is set to announce a deal to mitigate concerns over the use of small refinery exemptions from the Renewable Fuel Standard that will reallocate waived gallons to other obligated parties.
As much as growers long for an end to the trade war with China, there are long-term threats to demand for corn, soybeans and other crops that could depress commodity prices for years to come and lead to calls for higher government spending, economists say.
USDA’s Risk Management Agency has issued a clarification of an earlier press release to make clear that farmers will receive a 15% top-up payment on prevented planting indemnities this year if their insurance policies had the Harvest Price Option.
Even though it wasn’t at the table for the talks between Bayer and Monsanto that led to a unification of the two companies, BASF still stands to gain significantly from the changes brought about in a new business climate.
A senior Democrat on the House Agriculture Committee called the panel’s top Republican a racist on Twitter as the normally bipartisan committee was rocked by funding over a measure needed to fund farmers’ trade aid payments.