CFB's Capital Ag Conference and USTR on Foreign Trade Barriers

CFB's Capital Ag Conference and USTR on Foreign Trade Barriers

Bob Larson
Bob Larson
From the Ag Information Network, this is your Agribusiness Update.

**California’s water chief has emphasized the need to better manage flood flows and groundwater during wet periods to improve water supply reliability during dry periods.

During the recent California Farm Bureau Capital Ag Conference, Resources Director Karla Nemeth highlighted work underway and outlined long-term plans to help the state adapt more broadly.

She also acknowledged water infrastructure investments, which farmers have urged for years, have been slow coming.

**U.S. Trade Representative Katherine Tai released the 2024 National Trade Estimate Report on Foreign Trade Barriers.

The NTE Report highlights barriers affecting U.S. agricultural trade, including China’s requirements across a range of food and ag products, such as sanitary and phytosanitary measures that aren’t based on science and applied beyond a reasonable period.

Others include Mexico’s take on agricultural biotechnology products, and the EU’s non-science-based policies on innovative crop protection.

**The agriculture sector faces numerous challenges around the world, including the impacts of climate change and labor shortages. reports robotics can help agriculture tackle these challenges by automating machines and supporting vertical farming.

Against this backdrop, according to GlobalData, the robotics industry is set to grow at a compound annual growth rate of 17% from $63 billion in 2022 to $218 billion by 2030.

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