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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 08, 2024
Dry weather has helped speed Midwestern and Southern farmers through most of this fall’s corn and soybean harvest while also limiting the amount of grain they could send down the Mississippi River. As many park their combines for the year, they are hoping rain storms can replenish soils parched and waterways shrunk by months of drought.
A new trade war with China could result in deep cuts to U.S. corn and soybean exports, according to a study commissioned by trade groups representing the two commodities.
Former Sen. Tim Johnson, a South Dakota Democrat who helped create the Renewable Fuel Standard, reorganize the Farm Credit System and secure land-grant status for tribal colleges, died Tuesday night of complications after a recent stroke. He was 77.
An impasse in discussions over an expiring contract has dockworkers readying for a strike that could leave containers piling up at ports along the East and Gulf Coasts, force cargo ships to sit in harbors until it clears, and scramble routes for agricultural goods at a critical time of year for farmers.
The U.S. agricultural trade deficit is projected to grow to $42.5 billion in the fiscal year that starts Oct. 1, while sales to China extend their slump, providing fresh fuel to ongoing election-season debates about the future of trade policy.
U.S. agricultural trade deficit will increase to $42.5 billion for fiscal 2025 as the fall in prices for corn, soybeans and other commodities lowers their value, USDA says.
USDA is projecting corn and soybean yields at record highs this year and has sharply raised its forecast for both soybean production and ending stocks, prompting another drop on the futures markets Monday.
Four major projects that are part of Partnerships for Climate-Smart Commodities initiative showcase the varied approaches farm groups, companies and non-profit sponsors are taking to prove the impact of conservation practices on ag’s environmental footprint.
The Port of Baltimore, a major national shipping point for farm equipment equipment and commodities including sugar, has fully reopened for commerce following the March 26 collapse of the Francis Scott Key Bridge.