Ag Policy
The Senate Ag Committee is scheduled to vote on the Cattle Price Discovery and Transparency Act this week.
The Cattle Price Discovery and Transparency Act and Meat and Poultry Special Investigator Act are both expected to get votes ad approval from the Senate Ag Committee this week, despite expected Republican opposition.
Addressing shipping inefficiencies and challenges at the ports, passed legislation receives positive reassurance from the industry.
EPA hosted its fifth WOTUS roundtable last week with the Kansas Livestock Association, revealing murky waters in the WOTUS definition.
According to the Office of the USTR, the safeguard will allow U.S. exporters to meet Japan’s growing demand for high-quality beef while minimizing the odds that Japan will increase tariffs.
From record-high gas and diesel prices on the road to a major spike in the price Americans paid for their Memorial Day weekend barbecue essentials, shoppers are seeing price spikes everywhere they go.
Transforming the U.S. food system by improving supply chains and addressing issues exposed by the Covid-19 pandemic was detailed by USDA Secretary Tom Vilsack during a speech at Georgetown University.
USDA is making $200 million available to create a new meat processing capacity expansion program, providing $25 million for workforce training under the Meat and Poultry Intermediary Lending Program (MPILP).
USDA raised its estimated range of 6.5%-7.5% y/y increase from a range of 5%-6%, according to the May Food Price Outlook report, the highest forecast for all food prices and restaurant prices since 1981.
The White House is considering waiving U.S. gasoline environmental rules aimed at reducing summertime smog, hoping the waiver will combat rising pump prices, Reuters reported.
The U.S.-China trade war began in July 2018 when the Trump administration imposed tariffs on $550 billion worth of Chinese goods. Nearly four years later, the debate remains as to which country actually won.
Some farmers are concerned about the possibility of losing farmland to energy projects like wind and solar. John Phipps points out some major misconceptions about the placement of solar projects.
Biden says Ukraine has 20 million tons of stored grain awaiting export to various countries. He says lack of port movement coupled with halted planting in Ukraine will ignite a global food crisis unless action is taken.
Prior to testimony at the House Agriculture Subcommittee on Wednesday, Tyson Foods Inc. President and CEO Donnie King released a statement to give his perspective about cattle and beef market practices.
U.S. Senator Deb Fischer (R-Neb.), a member of the Senate Agriculture Committee, today participated in the committee’s hearing on the Cattle Price Discovery and Transparency Act.
Sen. John Boozman (R-Ark.), ranking panel member reveals he had ‘spirited conversations’ and ‘unsuccessfully attempted to secure the expert opinion of the Office of the Chief Economist on S 4030.’
USDA’s 2022 food price inflation forecasts are already at a 14-year high with forecasts for consumer food price inflation increased again this month. All food prices now seen rising 5% to 6% vs 4.5% to 5.5% in March.
The Senate Ag Committee will hold a hearing this week on a revised bill that proposes to establish a regional mandatory minimum threshold for the percentage of cattle purchased under negotiated grid or pricing terms.
Working group of ag economists assess Cattle Price Discovery and Transparency Act of 2022
NCBA and PLC say the Biden administration’s National Environmental Policy Act rule undermines progress made at a time when efficient regulatory processes are critical to environmental and economic sustainability.
John Phipps says positive or negative, any trade balance has dubious value, and only limited prediction power. Other than bragging rights, they mean little with no economic advantage for having a positive trade balance.
The House Ag Committee has requested CEOs from the top five meat packers to testify on April 27. The panel will take “other measures” if the CEOs say they will not attend.
Iowa Senator Chuck Grassley says he is “confident” the Senate Agriculture Committee will conduct a hearing on the Cattle Price Discovery and Transparency Act of 2022 introduced last week.
USDA says the launch of the Emergency Livestock Relief Program (ELRP) will address increases in supplemental feed costs in 2021. Phase 1 of the payments is expected to total $577 million.
With the ongoing war in Ukraine, a recent U.S. Farm Report viewer asked about the U.S. and energy independence. John Phipps provides a reality check of the current situation when it comes to crude oil and petroleum.
President Biden’s USDA FY 2023 budget proposal focuses on climate, conservation and research with $3.8 billion discretionary spending increase for USDA with climate, conservation and clean energy the major focal points.
Four U.S. Senators announced they have introduced a revised Cattle Price Discovery and Transparency Act and will push for a hearing on the bill by the Senate Agriculture Committee in the coming weeks.
Lawmakers introduce a bill to send an energy rebate any month the national average gas price exceeds $4 per gallon for the remainder of 2022.
USDA now expects food price inflation in 2022 to be from 4.5% to 5.5%, compared with 2021, based on the all-food Consumer Price Index. No category shows a potential decline.
Under Secy. Moffitt says her objective is to ensure producers have access to USDA dollars: “We see there’s a need for qualified technical expertise to capture the projects for producers and MPPTA will address that.”