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Shining Light on Farm & Food Policy for 20 Years.
Monday, May 13, 2024
The U.S. shipped 353,200 metric tons of sorghum – roughly 14 million bushels - to China from March 5-11, an extraordinarily high amount that helped push prices to $5 per bushel, according to the latest USDA trade data and an analysis by the National Sorghum Producers.
Climate policy is a top priority this year for President Joe Biden and congressional Democrats. But it's going to be challenging for the House Agriculture Committee to find a bipartisan compromise.
U.S. farm groups are concerned about the increasing agricultural trade troubles with Mexico and Canada despite the renegotiation of the North American Free Trade Agreement and Biden administration officials are stressing that resolving those issues is a priority.
A priority for the USDA in the coming years will be judging the feasibility of setting up, executing and paying for a federal carbon bank to help farmers reduce greenhouse gas emissions and reward them for their actions, Agriculture Secretary Tom Vilsack said Monday.
It’s now up to the Senate. The House on Friday voted 246-175 to block the newly enacted $1.9 trillion economic stimulus package from triggering deep cuts in government programs. The cuts become automatic if Congress doesn’t waive PAYGO requirements under a 2011 budget law that was intended to limit deficit spending.
China is on a corn-buying spree. USDA has announced large daily export sales for the 2020-21 marketing year on four of the five days this week, culminating with a sale of 800,000 metric tons to Chinese buyers on Friday.
U.S. beef exports to Japan have been so strong that they set off a “safeguard trigger” designed to protect domestic producers by increasing the country’s tariff level.
Michael Regan is officially in place as administrator of the EPA after being sworn in Wednesday by Vice President Kamala Harris. The ceremony took place shortly after another nominee who had strong backing from farm groups, Katharine Tai, was confirmed by the Senate 98-0 to be U.S. trade representative.
