Ag Groups Applaud Farm Bill and Push or Data Centers
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**U.S. ag groups applauded the House Ag Committee for bipartisan passage of Farm Bill 2.0 out of committee.
The National Pork Producers Council applauded the legislation for including a fix for California’s Prop 12, which undermines states’ rights.
American Farm Bureau President Zippy Duvall said, Farm Bureau appreciates the supportive members on both sides of the aisle who recognize the bill is critical as farmers face headwinds not seen in a generation.
**The now closed Strait of Hormuz (hor-MOOZ) moves about 20 million barrels of crude oil and petroleum products daily, totaling about 20% of global demand.
Politico says the White House will offer naval escorts and political risk insurance for oil and gas tankers traveling through the Strait in a bid to slow down a surge in energy prices.
The announcement brought some immediate relief to the overheated crude oil market.
**The tech industry’s relentless push for data centers in rural areas is seen by many farmers as a threat to their way of life.
Supporters are looking at parts of farmland as excellent sites for the sprawling server-packed facilities they need to support the White House goal of making the U.S. the dominant force in artificial intelligence.
Data centers target rural areas because they need a lot of land, substantial water and electricity supplies.
