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Balanced Reporting. Trusted Insights.
Thursday, June 08, 2023
A new report from USDA's Economic Research Service says most consumers mistakenly assign health and environmental stewardship attributes to food labeled “natural,” putting food producers who use organic or antibiotics-free labels at a competitive disadvantage.
President Joe Biden is expected to sit down again early this week with House Speaker Kevin McCarthy and other congressional leaders as they continue negotiations on increasing the debt ceiling and GOP demands for spending cuts.
The Congressional Budget Office is increasing its cost projections for farm bill programs due to lower estimates for some future market prices The commodities expected to see significantly higher payments over the next 10 years than previously estimated include cotton and dairy.
Leaders of the National Pork Producers Council expressed disappointment Friday with the Supreme Court’s narrow decision rejecting their arguments that California’s animal housing law unconstitutionally regulates the way hog farmers handle sows.
Much larger corn crops in Argentina and the U.S. will be driving down global prices and spurring international trade in the 2023-24 marketing year, USDA said Friday.
The Supreme Court has rejected the arguments of hog farmers that California’s Proposition 12, which bans the sales of pork coming from sows confined in gestation crates, violates the Constitution's Commerce Clause.
Shoppers saw more relief at the grocery store in April as prices fell another 0.2%, driven by declines in dairy products, pork, eggs, and some fruits and vegetables.
House Speaker Kevin McCarthy meets with President Joe Biden this week as Republicans push for a deal pairing spending cuts with a debt ceiling increase, while the Congressional Budget Office will release new economic projections that could make it easier – or harder – for lawmakers to write a new farm bill.
Rice producers can start signing up next week for $250 million in special payments Congress provided to shore up grower income after lackluster returns in 2022.
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