California Delays Prop 12 and India Drops Retaliatory Tariffs
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**California has delayed the implementation of Proposition 12.
According to the National Pork Producers Council, granting six months of additional relief for products in the supply chain allows grocery stores to remain stocked so Californians have uninterrupted access to pork products.
NPPC claims, while this temporary solution doesn’t solve the Prop 12 challenges, we look forward to working with Congress to find a permanent solution.
The Supreme Court ruled in favor of the law earlier this year.
**U.S. Trade Representative Katherine Tai announced that, after two years of bilateral negotiations, India has agreed to remove retaliatory tariffs imposed in response to the U.S. tariffs on steel and aluminum.
The Indian tariffs included American products like chickpeas, lentils, almonds, walnuts, and apples.
Tai says, these tariff cuts will restore and expand market opportunities for U.S. agricultural producers and manufacturers.
**The USDA announced its selection of 50 projects for potential awards, totaling roughly $300 million, for underserved producers funding.
The projects will help improve access to land, capital, and markets for underserved farmers, ranchers, and forest landowners.
For one of the projects, the Community Development Corporation of Oregon will work to provide long-term and sustainable land access to disadvantaged refugee and immigrant farmers.
See the full list of the projects at www.fsa.usda.gov.
