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Balanced Reporting. Trusted Insights.
Friday, September 29, 2023
Federal Reserve action to curb inflation is also having an impact on the business decisions of American producers, according to a panel of ag economy experts speaking Monday at the Agri-Pulse Ag and Food Policy Summit.
The official new estimates for farm bill costs do little to ease the funding squeeze facing lawmakers who want to increase reference prices for major commodities to reflect the higher input costs farmers are paying.
Meanwhile, the Congressional Budget Office forecast raises new questions about the future of conservation funding provided through the Inflation Reduction Act.
Fertilizer prices have risen quickly and the National Corn Growers Association is warning that new tariffs on imports could make the situation even worse for farmers.
The cost of fertilizer exploded in 2021 and farmers across the country are going to be hit even harder in 2022, according to a new study by Texas A&M University’s Agricultural and Food Policy Center.
The federal government’s current approach to addressing hunger and nutrition shortcomings is failing the recipients and the taxpayer, witnesses said at a Senate Ag subcommittee hearing Tuesday.
Texas A&M Chancellor John Sharp is demanding that Harvard University conduct an investigation into “unethical” actions by two of the university’s nutrition researchers.
