President Joe Biden today is proposing a $1.8 billion package of spending on child nutrition and other social needs that would be paid for in part by new taxes on inherited assets. The president’s plan promises to protect family-run farms from the new taxes as long as the farms stay in operation.
New regulations in Mexico threaten to disrupt more than $100 million in organic food trade with the U.S., and the Biden administration has less than three months to address the situation before the requirements take effect.
Singer-songwriter Jason Mraz has multiple hits and Grammy awards from his music career, but he also grows avocados and coffee commercially and has dozens of other fruit trees on his farm in Oceanside, California.
Mexico’s Supreme Court is scheduled to rule Wednesday on whether the country’s government has the authority to fully open Mexican borders to fresh U.S. potatoes, potentially settling a major U.S. trade irritation going back about two decades.
Reduced consumer incomes around the world and supply chain difficulties during the pandemic have taken a toll on ag and food exporters in developing countries, but overall trade has remained “remarkably resilient” and some suppliers have prospered, according to a new publication from the United Nation’s Food and Agriculture Organization.
The “phase one” trade deal with China is paying off substantially for commodities like soybeans, corn, wheat and sorghum, but it’s hit or miss for specialty crop farmers, many of whom are still trying to find replacement markets.