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Balanced Reporting. Trusted Insights.
Friday, January 22, 2021
Cuba could be buying a lot more poultry, corn, dairy and other ag commodities produced in the U.S., but first the U.S. needs to reverse course and begin strengthening ties with the island nation. That is the message from some of the largest American farm groups to the incoming Biden administration.
Pilgrim’s Pride has agreed to pay $75 million to settle price-fixing claims made in a lawsuit brought by the chicken industry giant's customers in Illinois.
With a deal in place between the newly independent UK and the European Union, American ag groups are anxious to see the U.S. complete its own free trade agreement with the British as the Biden administration prepares to take the reins in ongoing talks.
The European Commission is showing its bias towards the minority of organic farmers in the trading bloc while cutting funding for the overall ag sector, according to some of the largest agriculture and food organizations in the European Union.
Farmers who were facing a steep drop in government payments in 2021 will instead see a third round of coronavirus relief payments and other producers and ag processors left out of previous aid programs this year will get help this time, under a massive stimulus package and government funding bill.
President-elect Joe Biden promised on the campaign trail to reverse the Trump administration’s policy of breaking ties with Cuba, and that has U.S. farm groups once again hoping their farmers will benefit with increased trade.
U.S. agriculture exports are going to be stronger than first expected in fiscal year 2021 and should eclipse 2020, according to a new USDA forecast that raised sales estimates for soybeans, sorghum, corn and wheat.
There are expressions of optimism on both sides of Capitol Hill that lawmakers could reach a deal during the lame duck session on a government-wide spending bill for fiscal 2021.
President Donald Trump has halted negotiations with Democrats on a new coronavirus relief package, claiming that they were still insisting on $2.4 trillion in new spending.
The U.S. and the U.K. still have a lot of negotiating ahead of them, but the British will likely agree to a free trade agreement that allows for increased trade in beef, pork and poultry, says Gregg Doud, the U.S. Trade Representative’s top agriculture negotiator.