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Balanced Reporting. Trusted Insights.
Friday, May 27, 2022
The price consumers paid for groceries jumped 1.4% in February, helping to drive an overall increase in the Consumer Price Index of 7.9% over the past 12 months, the largest in 40 years, the Bureau of Labor Statistics reported Thursday.
Congressional leaders announced agreement early Wednesday on a $1.5 trillion, government-wide spending bill for fiscal 2022 that includes new funding for rural broadband expansion and authorization of a cattle contract library at USDA to address concerns about market power in the beef sector.
A coalition of farm groups are suing to block the Environmental Protection Agency from prohibiting the use of chlorpyrifos on food crops, starting Feb. 28.
An expansion of the WIC nutrition program aimed at boosting the sale of fruits and vegetables to low-income women and young children is at stake as USDA considers changes to how the program benefits can be used.
A broad array of contract livestock and poultry producers will be eligible for coronavirus relief and payment rules for specialty crop growers are being liberalized under rules changes made by the Agriculture Department.
Cory Booker, a New Jersey Democrat who’s one of the Senate Agriculture Committee’s newest members, is jumping into a range of farm policy issues, including pushing for as much as $20 billion a year in new conservation spending to be part of an upcoming climate and infrastructure package.
Agriculture Secretary Tom Vilsack says he’ll make sure the Treasury Department understands the importance of stepped-up basis to farm groups. Vilsack was pressed about that issue during an appearance Wednesday before the House Ag Appropriations Subcommittee.
Surging demand for safe, locally-produced fresh vegetables is prompting investors and young entrepreneurs to plant indoor farms that are reaching consumers through some of the nation’s largest retail chains.
Democrats are moving to provide unprecedented amounts of debt relief and other assistance to Black farmers and other minority producers as part of a $1.9 trillion stimulus package that's being designed to address racial justice as well as the impact of the coronavirus pandemic.
