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Balanced Reporting. Trusted Insights.
Monday, January 25, 2021
Farmer cooperatives hope a new “Made in America” directive from the Biden administration will lead to more U.S. products being used in the nation’s school lunch program.
President-elect Joe Biden is out with a $1.9 trillion stimulus proposal that includes some significant new food assistance provisions, including an extension through the summer of the 15% increase in SNAP benefits provided by the COVID aid package enacted in December.
The Trump administration is unlikely to make a needed fix to tax regulations for farmer co-operatives, leaving many growers at risk of seeing higher tax bills, according to the National Council of Farmer Cooperatives.
The Agriculture Department proposes to take over the Food and Drug Administration's oversight of gene-altered animals, a potential victory for livestock groups seeking to speed approval of genetic modifications.
Recent years of financial stress and trade disruption in agriculture, coupled with the COVID-19 pandemic, produced new challenges for farmer-owned agricultural coops and have prompted many to rethink their business models.
Restaurants across the country are working hard to get back to normal, farmers have lost valuable food service markets and a growing number of unemployed workers struggle to purchase food because of COVID-19.
A recent State Department move is expected to speed approval of farmworkers seeking to enter the country, but observers of the process are still keeping a watchful eye on many parts of the H-2A program.
The Trump administration has labeled agriculture as a critical industry in the wake of the coronavirus outbreak, allowing businesses to continue operating as usual amid current and potential restrictions created to stem the spread of the virus.
The coronavirus has sent the markets into a tailspin, closed down schools, and turned restaurants into to-go stands. But so far, agriculture’s intricate supply chain is – for the most part – still turning.