Agri-Pulse DriveTime Podcast

House Agriculture Committee Chairman Glenn "GT" Thompson released the text of Farm Bill 2.0 today. Debate on the measure is scheduled to begin Monday, February 23rd. The Chicago Fed Reserve Bank reports higher land values over the previous year but expects agriculture credit conditions to decline this year. The Supreme Court could rule later this month on President Trump's tariffs. 

Senate GOP leaders abdicated for the USMCA trade agreement this week in contrast to the Trump administrations indifference to the upcoming review of the North American deal. A Chinese news agency suggests a thawing of relations with the U.S. and an extension of the trade truce. The USDA has issued new guidance to child nutrition program directors. 

Florida officials are raising concerns about pesticide traces in bread. Industry sources share the highest samples are well below government accepted limits. The Congressional council charged with developing a renewable fuel compromise faces a February 15 deadline. 

The Ag Coalition for the U.S., Mexico, Canada Trade Agreement shared new study results of the benefits of the 2020 trade deal including half a million jobs and  $149 billion dollars in total economic output. Today's USDA's WASDE report held few surprises for traders to consider.

Food industry groups are searching for a response to the MAHA Center commercial saying "processed food kills". The Trump administration is touting recent trade deals with India, Argentina, Guatemala, and El Salvador providing increased access for U.S. agriculture products. 

Today an update on CattleCon from Nashville and a preview of this week's Agri-Pulse Newsmakers. Approaching a new year beef producers see excellent demand, good prices and opportunity to begin building inventory. The group remains concerned about animal health, hopes for regulatory reform, and seeks greater access to global markets.