McDonald's in Regenerative Agriculture and Tariff Revenue to Help Farmers
From the Ag Information Network, this is your Agribusiness Update.
**McDonald’s plans to invest $200 million over the next seven years to promote regenerative agriculture practices on cattle ranches.
Associated Press reports the Chicago burger giant says that investment is its largest to date in the U.S.
McDonald’s chief supply chain officer, Cesar Piña says as a brand that serves more than 90% of Americans every year, we recognize the responsibility we have to help safeguard our food systems for long-term vitality.
**Ag Secretary Brooke Rollins tells the Financial Times' the Trump administration is planning to use tariff revenue to fund a program to support US farmers as they head into harvest facing falling export sales and rising input costs.
Rollins says the move follows mounting pressure from farm groups after China curbed purchases of US soyabeans as tariffs have pushed up costs for fertilizer, machinery and other imported inputs.
www.agrimarketing.com/s/154919
**New polling conducted by Morning Consult on behalf of the Renewable Fuels Association shows strong support for legislation allowing year-round access to E15, a lower-cost fuel blend containing 15% ethanol.
www.agrimarketing.com reports the survey of nearly 2,000 registered voters also showed a record level of support for the Renewable Fuel Standard.
Voter support for increasing availability of the E15 blend is at its highest level, 72%, since RFA began quarterly polling in 2016.
www.agrimarketing.com/s/154913
