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Shining Light on Farm & Food Policy for 20 Years.
Thursday, May 02, 2024
Time is growing short to address global climate change, whose impacts are being seen in more extreme weather events such as drought and heavier precipitation, and changes to agricultural practices could take decades to have an impact on carbon emissions, a new report from the Intergovernmental Panel on Climate Change says.
Senate Democrats released a fiscal 2022 budget resolution that calls for $3.5 trillion in new spending, including as much as $135 billion for agriculture and child nutrition programs, funded largely by a border carbon tariff and tax increases on capital gains and high-earning individuals.
The Senate Agriculture Committee is set to hold a vote this morning on the nominations of Robert Bonnie to be USDA’s Under Secretary of Agriculture for Farm Production and Conservation and Xochitl Torres Small for Under Secretary of Agriculture for Rural Development.
Cargill and Continental Grain Company have announced plans to acquire Sanderson Farms, the third-largest poultry producer in the nation, for $4.53 billion.
Agriculture and Agri-Food Canada, the Canadian ministry of agriculture, is defending its government-run dairy price system and its compliance with the U.S.-Mexico-Canada Agreement as criticism rises from the U.S. dairy industry that Canada is doing an end-run around the trade pact to continue bolstering exports.
Some moderate Democrats in the sharply divided House are raising concerns about a planned $3.5 trillion reconciliation package and don’t want its passage tied to the fate of a bipartisan infrastructure bill.
John Deere announced Thursday that it bought Silicon Valley startup Bear Flag Robotics for $250 million, the company’s latest attempt to further develop its autonomous technology.
A dozen major farm groups have jumped into the fray over conservation funding in the estimated $3.5 trillion reconciliation package Democrats plan to introduce in the Senate, calling for “increased investment in climate-smart agricultural practices that sequester carbon or reduce greenhouse gas emissions.”
The Agriculture Department announced today that, in an effort to promote transparency and competitive markets, it will be releasing two new USDA Market News reports providing additional insight into cattle trades.
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