Delayed USDA Reports and New Green Deal

Delayed USDA Reports and New Green Deal

Bob Larson
Bob Larson
From the Ag Information Network, I'm Bob Larson with your Agribusiness Update.

**The markets absorbed an onslaught of information recently when USDA released the delayed and current WASDE numbers AND the Crop Production report.

Cornbelt Marketing's Sam Hudson tells his biggest takeaway is that the markets can do business without USDA information.

Despite the markets lack of USDA data for 35 days, Huber says this report was run of the mill and its business as usual.

**It's called the "Green New Deal," a plan to combat climate change by transforming the economy, including agriculture, and expanding renewable energy.

But the National Cattlemen's Association's Collin Woodall tells, U.S. beef producers are committed to sustainability, producing the same amount of beef with 33% fewer cattle, compared to 1977.

He says U.S. beef producers have one of the lowest carbon footprints of any industry, producing only 2% of ALL carbon emissions.

Drafted by Representative Alexandria Ocasio-Cortes of New York and Massachusetts' Senator Ed Markey, the resolution urges farmers and ranchers to eliminate as much pollution and greenhouse gases as possible while still building a sustainable food supply.

**The Commerce Department has indicated the U.S. will withdraw from a previous agreement with Mexico and resume an anti-dumping investigation into imports of Mexican fresh tomatoes. reports American Farm Bureau Federation President Zippy Duvall says the renewed anti-dumping investigation against Mexican fresh tomato imports is necessary because Mexico was able to exploit the current agreement that bans artificially low prices and increase their market share.

Previous ReportAnheuser Busch to Corn Growers and Farmer Confidence High
Next ReportChapter 12 Bankruptcy Up and Pork Exports to S. America