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Balanced Reporting. Trusted Insights.
Saturday, May 21, 2022
India’s subsidized wheat and rice stockpiling has made the country’s government a foe of U.S. wheat and rice farmers, but now the country’s prime minister is trying to use the farming crisis in Ukraine to justify its efforts to prop up domestic farmers by saying it could come to the rescue of grain-deprived countries.
The Transportation Department is announcing today that it’s making $450 million in grant funds available this year to expand port capacity, and some of that money may go towards improving the ability of ag exporters to ship commodities to overseas buyers, according to senior government officials.
China continues to be a “difficult and unpredictable market for U.S. agricultural exporters” because it flouts international trade standards set by the World Trade Organization, according to a new report to Congress from the Office of the U.S. Trade Representative.
A crop insurance policy that was supposed to ensure cotton growers could make do without traditional commodity programs never fulfilled its promise after hitting the market in 2015. But amid sky-high market prices and input costs this year, southern farmers say buying the policy is looking more and more like a no-brainer.
Nations continued to heatedly bicker and complain even in the last days leading up to what was supposed to be the summit for reforming international agricultural trading rules, but the postponement World Trade Organization’s 12th Ministerial Conference gives WTO countries more time to lay the groundwork for consensus.
In this opinion piece, Sharon Bomer Lauritsen with AgTrade Strategies LLC and Bart Fischer with Texas A&M University discuss their support of comprehensive agriculture negotiations at the World Trade Organization (WTO).
The House Ag Committee is slated to take up seven pieces of legislation today, including some priority issues for the top two members of the committee.
Canada is again using its national dairy pricing program to bolster exports, sidestepping commitments in the U.S.-Mexico-Canada Agreement, according to fresh allegations from the U.S. dairy sector. Canada is following the letter of USMCA, but not the spirit, U.S. industry officials say.
Some of the largest and most influential American farm groups are uniting to make their voices heard on reforming trade rules of the World Trade Organization as the institution prepares for its upcoming 12th Ministerial Conference.
