We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Terms and Cookie Policy
Balanced Reporting. Trusted Insights.
Friday, September 29, 2023
The chief economist for Senate Ag Committee’s Republican staff says the Congressional Budget Office’s new farm program forecast does nothing to help lower the cost of making improvements in commodity programs that ag groups are seeking.
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.
Analysts say consumers are likely to see relatively high prices in grocery stores and restaurants for some time, due to strong commodity markets and high agricultural input costs that get passed through the food chain.
The American Farm Bureau Federation has selected a veteran economist with the Agriculture Department and the dairy industry to lead the organization's economic analysis unit.
USDA’s top climate adviser, Robert Bonnie, says agriculture and forestry are going to figure in any new climate commitments that the United States makes to cut greenhouse gas emissions.
Agricultural greenhouse gas emissions in the U.S., when adjusted for productivity, are down by 24% over the past 30 years, but farmers can do better if Congress and the Biden administration amp up assistance, says American Farm Bureau Federation Chief Economist John Newton.
Lawmakers have their focus on impeachment for now, but Democratic leaders are likely to try to pivot quickly over the next weeks as President-elect Joe Biden takes office. Climate policy as well as immigration and tax reform will be on the agenda for the Senate.
The Agriculture Department lowered its estimate of already tight ending stocks for soybeans as USDA increased its estimate of how much of the 2020 crop would be crushed.
The House has passed a new stopgap spending bill to keep the government funded through next week - and buy more time for negotiators to reach a deal on a new coronavirus relief package.
