China's corn imports will likely hit a record-breaking 28 million metric tons for the 2020-2021 marketing year as the country restocks its domestic reserves and deals with rising demand for livestock feed, according to the Beijing office of USDA's Foreign Agricultural Service.
The last time a Democratic administration tried to pass climate legislation, in 2009, the bill died in the Senate partly because of resistance from farm groups. This year, one of the first significant climate bills a congressional committee is going to vote on is a measure backed by farm groups – the Growing Climate Solutions Act, which is aimed at facilitating the development of ag carbon markets.
India is buying more California walnuts than it ever has, but West Coast farmers see a vast potential for even more trade as they wrap up a new media campaign in the Asian giant that is home to 1.3 billion people.
The U.S. was one of nine countries critical of the European Union last year when it unveiled a plan to tax imports based on their carbon footprint, but that was under the Trump administration. Now the Biden administration is signaling a stronger kinship to the EU’s push to reduce greenhouse gas emissions on an international scale.
This afternoon, Senate Agriculture Chairwoman Debbie Stabenow, D-Mich., and GOP Sen. Mike Braun of Indiana will release a new version of their Growing Climate Solutions Act, a bill intended to speed the development of ag carbon markets. The measure would put USDA in charge of certifying credit verification services and technical advisers.
This week will be the most important so far when it comes to climate policy. In connection with a global leaders summit that President Joe Biden is holding online Thursday and Friday, the administration is expected to release a new pledge for reducing U.S. greenhouse gas emissions.
Senate Agriculture Chairwoman Debbie Stabenow tells Agri-Pulse she expects a new bipartisan version of the Growing Climate Solutions Act to be released within a few days. The funding issues have now been apparently worked out with the bill, which is aimed at laying the groundwork for ag carbon markets.
Some of the most vocal criticisms of the U.S.-Mexico-Canada Agreement was that it did not include provisions to address climate change. It’s a view that U.S. Trade Representative Katherine Tai said Thursday that she shares and went on to provide rationale for making environmental protection a much bigger factor in future of trade policy.
Agriculture Secretary Tom Vilsack says he’ll make sure the Treasury Department understands the importance of stepped-up basis to farm groups. Vilsack was pressed about that issue during an appearance Wednesday before the House Ag Appropriations Subcommittee.