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Shining Light on Farm & Food Policy for 20 Years.
Thursday, May 02, 2024
Transportation Secretary Pete Buttigieg says funding from the bipartisan infrastructure law, or BIL, will help make electric vehicle charging stations as convenient in rural America as gas stations are now.
The USDA said Friday bumped up its forecast for U.S. soybean exports and dropped its prediction for ending stocks as Chinese demand remains strong and competition from Brazil is less than expected.
The Biden administration will work with the United Farm Workers to develop a $65 million program broadly aimed at ensuring farms implement “robust health and safety standards” for employees and preventing unfair recruitment practices for H-2A workers.
Inflation remains at center stage during this election year, and congressional Democrats are preparing to move a series of bills they say will help target the issue.
Supermarket prices shot up a seasonally adjusted 1.4% in May, led by soaring costs for dairy products, and have risen 11.9% over the past 12 months, according to the latest Consumer Price Index.
Farm input costs are likely to remain at elevated levels well after commodity prices come off their historic highs, and farm bill programs could provide only limited help, economists warned lawmakers Thursday.
Higher prices for animal fats and vegetable oils are helping drive what is expected to be a record global food import bill this year, forcing consumers to spend more and get less to eat, the UN’s Food and Agriculture Organization said Thursday.
President Joe Biden intends to nominate Doug McKalip, a senior adviser to Agriculture Secretary Tom Vilsack, to be chief agricultural negotiator for the office of the U.S. Trade Representative.
Treasury Secretary Janet Yellen offered sharp criticism Wednesday of U.S. tariffs on Chinese goods, promising to “reconfigure” the import taxes even as her department continues a review.