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Balanced Reporting. Trusted Insights.
Sunday, August 07, 2022
Brazil’s Ministry of Economy announced Tuesday that beginning Wednesday, Brazil will suspend its 18% tariff on ethanol imports for the rest of 2022 in an inflation-cutting effort to reduce fuel prices domestically.
Publicly traded companies would have to disclose the greenhouse gas emissions from their operations and supply chains and also report progress being made toward achieving reductions, under a proposal released Monday by the Securities and Exchange Commission.
Global corn and wheat supplies are going to get tighter this year as the invasion of Ukraine threatens to all but halt the country’s ability to plant and harvest corn and wheat in the coming months.
Farm groups and their Capitol Hill champions calling for action to allow year-round sales of E15 as a way to lessen the blow of rising gas prices got a signal — albeit a very noncommittal one — Tuesday that the White House was open to the idea.
The Department of Agriculture is looking to award grants into U.S. fertilizer production and plans to give more time for interested parties to submit their applications for a round of funding to promote climate-smart commodities.
The Senate on Thursday night gave final congressional approval to a $1.5 trillion bill to fund the government for fiscal 2022, more than five months after the budget year started. The Senate’s 68-31 vote clears the bill for President Biden’s signature.
Russia’s invasion of Ukraine could raise grain prices as much as 20% while boosting fertilizer prices another 13% and further inflating food costs, the UN Food and Agriculture Organization warns.
The price consumers paid for groceries jumped 1.4% in February, helping to drive an overall increase in the Consumer Price Index of 7.9% over the past 12 months, the largest in 40 years, the Bureau of Labor Statistics reported Thursday.
The Supreme Court is considering a case that could restrict EPA’s authority not just to reduce greenhouse gas emissions from coal-fired power plants, but to implement other regulations without explicit congressional authorization.
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