While many farmers and ranchers have been successful in reducing their carbon footprint, making significant new progress in reducing greenhouse gas emissions will require government assistance and new financial incentives, especially now that farmers are struggling to cope with depressed commodity prices, senators were told Tuesday.
The optimism coming out of the White House and USDA for a U.S. deal with China to end the trade war has been growing for months, but the rosy outlook dimmed this week because of a new rift between both countries’ negotiators.
President Donald Trump backed away from his threat to shut down the southern border with Mexico but then also pledged to hit the country with automobile tariffs, a move that breaks a promise not to do so under the renegotiated North American trade pact.
Japan, a nation dependent on imports to feed its people, is cutting tariffs and forging stronger ties around the globe to further open up its markets, but not yet with the U.S., leaving American dairy farmers concerned.
The Heartland Summit last week highlighted a rural investment drought, with the 19-state Heartland region capturing just $3.8 billion in venture capital funding last year, out of the $74.1 billion national total.