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Shining Light on Farm & Food Policy for 20 Years.
Thursday, May 02, 2024
The USDA Monday cut its forecast for U.S. soybean yields and production in its monthly crop report, catching the market by surprise and sending futures prices higher.
It’s a big week around the nation’s capital with hearings scheduled examining several issues important to agriculture, including rail service delays and a proposal to require companies to track the greenhouse gas emissions in their supply chains.
The chairman of the Securities and Exchange Commission, Gary Gensler, heads to Capitol Hill this week to face lawmakers who are sharply divided over the agency’s plan to require corporations to track and disclose greenhouse gas emissions in their supply chains.
India, an international ag trading powerhouse that often comes into friction with the U.S. over tariff and nontariff barriers, is the only Indo-Pacific Economic Framework country out of 14 not participating in the pact’s trade pillar after a major summit held in Los Angeles this week, according to government officials.
Senate Agriculture Committee Chairwoman Debbie Stabenow, D-Mich., says she is not interested in making cuts to the nutrition title in the upcoming farm bill, but is open to reforms.
Agriculture Secretary Tom Vilsack highlighted the importance of ensuring schoolchildren have enough good food and nutrition to fuel their learning and previewed the upcoming White House hunger conference at a Washington, D.C., elementary school Friday.
Lawmakers on both sides of Capitol Hill have spent the past couple of years working to rein in the market power of the four largest beef packers. But time may well have run out on two major reform bills.
A contract dispute between the nation's largest railroads and 115,000 of their workers is nearing escalation to a strike that could idle more than 7,000 trains, potentially halting the movement of grain during the harvest season.
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