Regulatory

A shrunken U.S. beef herd has forced meat processors into a bidding war for a dwindling supply of animals, making it harder for them to turn a profit. Some, including Tyson and JBS, have shuttered plants in recent months under the strain. 

The stakes for farmers in the pending 45Z tax credit rules are high as financially struggling crop growers seek to tap expanding low-carbon fuel markets. 

FDA has approved a number of new animal drugs in the first three months of the year.

The cost of borrowing money is in focus as the Federal Reserve is set to release details of its latest meeting on Wednesday. The minutes will provide hints on if the central bank is inclined to raise interest rates any time soon. Thirty-one cases of screwworm have been found in the U.S., though only 17 are active, according to the latest data from USDA. 

A bill to overhaul America’s H-2A agricultural guest worker program stands out from prior attempts thanks to a secure U.S. border, House Agriculture Committee Chairman Glenn “GT” Thompson tells Agri-Pulse Newsmakers. U.S. Trade Representative Jamieson Greer said Wednesday the administration would not renew the U.S.-Mexico-Canada agreement, but the agreement is still in place.

USDA unveiled a new $500 million grant program Wednesday to boost domestic manufacturing of fertilizer that will be focused on projects that are “shovel-ready.”

Counties on the hook for SNAP cost shifts are seeking delays as senators say they are working to find a solution.