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Balanced Reporting. Trusted Insights.
Wednesday, June 29, 2022
The war rages on, but Ukraine is already looking ahead to the task of rebuilding the country, and a new estimate from the Kyiv School of Economics indicates the agriculture sector has already suffered $27.6 billion in damages.
A bill headed to the White House will extend a series of waivers ensuring the availability of meals for kids during the summer and upcoming school year.
The House Appropriations Committee advanced a $27.2 billion spending bill for the Agriculture Department and Food and Drug Administration that would provide significant new funding for conservation technical assistance, rural broadband and food safety.
The Senate Agriculture Committee is expected this week to approve proposals aimed at weakening the market power of meatpackers but have long divided producers.
The Biden administration on Thursday pledged to help repair Ukraine’s agriculture sector from the damages of the Russian invasion even as the war rages on and farmers struggle to bring in crops.
House Democrats, struggling to maintain their tenuous control over the House amid soaring food and fuel prices, win passage of a package of bills aimed at promoting competition in the meat sector, reducing fertilizer usage and expanding the use of biofuels.
Ukraine’s farmers are preparing to begin this year’s problematic summer harvest on the 75% of fields not under Russian occupation, but producers, analysts and political leaders are preoccupied with the broader question of where the grain will be stored as efforts falter to reopen exports through Black Sea ports.
The Agriculture Department would get $560 million more for rural broadband expansion, plus increases for research, food aid and combating animal and plant diseases, under a draft House spending bill for fiscal 2023.
The USDA said Friday bumped up its forecast for U.S. soybean exports and dropped its prediction for ending stocks as Chinese demand remains strong and competition from Brazil is less than expected.
The Biden administration will work with the United Farm Workers to develop a $65 million program broadly aimed at ensuring farms implement “robust health and safety standards” for employees and preventing unfair recruitment practices for H-2A workers.
