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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, April 30, 2024
The Philippines, citing the impact of the Russian invasion of Ukraine on world grain supplies and prices, has reduced its tariff on corn imports from 35% down to 5% and that has opened new opportunities for U.S. corn farmers.
The Biden administration is announcing a plan today to transform the U.S. food system by improving supply chains and addressing issues exposed by the COVID-19 pandemic.
The Biden administration is kicking off talks with Taiwan on an agreement to facilitate more trade between the countries without reducing tariffs, according to senior administration officials.
Agricultural shippers are warily watching the ongoing contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association, fearing additional damage to a battered supply chain if the two sides don't reach an agreement in coming weeks.
U.S. corn wet mills that produce key ingredients for food are seeing their opportunity for growth and a chance to steal back market share from China stifled because of persistent railroad delays that have become the focus of intense criticism on Capitol Hill and the White House.
Labor unions are joining up with ocean carriers to fight proposals in Congress to reform rules for shipping U.S. food aid. Under cargo preference requirements, half of the food must be shipped on U.S.-flag carriers.
Amid a historic demand for food assistance both here and abroad, industry leaders are looking for ac a crisis response plan to emerge from the White House’s Conference on Hunger, Nutrition and Health, new conversations in the upcoming farm bill and solutions for Ukrainian exports. The Arab Spring in 2007 will pale in comparison to the impact the war in Ukraine will have on the global food supply, warns one Newsmaker panelist.