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Ag Loan Demand Up and NCBA Applauds Paraguayan Beef Ban
The Agribusiness Update
Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7%, and the National Cattlemen’s Beef Association thanked the Senate for passing a resolution to block beef imports from Paraguay.
Ag Loan Demand Up and NCBA Applauds Paraguayan Beef Ban
The Agribusiness Update
Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7%, and the National Cattlemen’s Beef Association thanked the Senate for passing a resolution to block beef imports from Paraguay.
Rural-Urban Death Mortality Gap and New Mexico's Clean Fuel Standard
The Agribusiness Update
USDA’s Economic Research Service finds natural-cause mortality gap between rural and urban areas widened, and New Mexico joins three Western states in creating a clean transportation fuel standard.
E.U. Tariff Suspension Extended and High Ag Prices Continue in 2024
The Agribusiness Update
USTR Katherine Tai applauds the European Union’s announcement that it’s extending the suspension of tariffs on U.S. goods, and lingering high prices are expected to take a bigger toll on the economy in 2024.
U.S. Pork Exports Remain Strong and Latest WASDE Report
The Agribusiness Update
U.S. pork exports posted another strong month in October, and the World Ag Supply and Demand Estimates from USDA show the 2023-2024 U.S. wheat outlook is for unchanged supplies and domestic use, higher exports, and reduced ending stocks.
Cotton Council Applauds CCC Funds and Farm Bill Extension Likely
The Agribusiness Update
Cotton Council International applauds allocation of $1.3 billion in Commodity Credit Corporation funds to a new Regional Agricultural Promotion Program, and Congress will have to extend the life of the 2018 farm law into 2024 so it can finish work on its successor.
Organic Standards Act and Adopt GREET Act
The Agribusiness Update
The Organic Trade Association applauds the introduction of the Continuous Improvement and Accountability in Organic Standards Act, and lawmakers announce the reintroduction of the Adopt GREET Act, a bipartisan bill directing the EPA to update its greenhouse gas modeling for ethanol and biodiesel.
Organic Standards Act and Adopt GREET Act
The Agribusiness Update
The Organic Trade Association applauds the introduction of the Continuous Improvement and Accountability in Organic Standards Act, and lawmakers announce the reintroduction of the Adopt GREET Act, a bipartisan bill directing the EPA to update its greenhouse gas modeling for ethanol and biodiesel.
Organic Standards Act and Adopt GREET Act
The Agribusiness Update
The Organic Trade Association applauds the introduction of the Continuous Improvement and Accountability in Organic Standards Act, and lawmakers announce the reintroduction of the Adopt GREET Act, a bipartisan bill directing the EPA to update its greenhouse gas modeling for ethanol and biodiesel.
Food Inflation Lowest in 2 Years and NCBA Applauds Ag Security Risk Review Act
The Agribusiness Update
The annualized food inflation rate of 4.3% is the lowest since the 3.7% rate in August 2021, and NCBA applauds new bill that strengthens oversight of foreign agricultural purchases.
Corn Growers Applaud E15 Legislation and Mexico's USA Label Concerns
The Agribusiness Update
The National Corn Growers Association applauds legislation that would provide permanent market access for E15, and Mexico expresses concern about the proposed voluntary "Product of USA" label effort.
Black Vulture Relief Act and Dairy Pride Act Introduced
The Agribusiness Update
NCBA applauds the Black Vulture Relief Act, and Representatives from five states introduce the Dairy Pride Act.
Hurricane Ian Assistance and Consumer Prices for Wheat Products Soar
The Agribusiness Update
Florida Farm Bureau applauds lawmakers for Hurrican Ian assistance, and consumer prices for wheat-based products are up substantially.
CFB's Johansson Applauds McCarthy and Cover Crops Increasingly Popular
The Agribusiness Update
California Farm Bureau President Jamie Johansson applauds California's Kevin McCarthy's election as Speaker of the House, and cover crops remain increasingly popular among farmers as crop management practice.
California Citrus Disease Warning and NCBA Applauds Gray Wolf Decision
The Agribusiness Update
California officials are warning homeowners to sanitize gardening tools before using them on citrus trees because of a new disease threat, and the National Cattlemen's Beef Association and other livestock groups are applauding a 9th Circuit Court decision allowing intervention in a case regarding gray wolves.
Farm Numbers on Slow Decline and NPPC on Prop 12
The Agribusiness Update
USDA data shows the number of farms continues a slow decline, and the National Pork Producers Council applauds SCOTUS brief regarding California's Proposition 12.
Fried Applauds USDA Fertilizer Investment and U.S. Beef Exports Remain High
The Agribusiness Update
Florida Ag Commissioner Nikki Fried applauds the USDA investment in U.S. fertilizer production, and U.S. Beef Exports remain high.
Ag Applauds House Infrastructure Passage and Governors Urge Expanding Fuel Blends
The Agribusiness Update
Ag groups applaud House passage of the Infrastructure Investment and Jobs Act, Governors from several states ask President for guidance on expanding higher ethanol fuel blends.
Vilsack Applauds ASF Efforts and AFBF on Reconciliation Myth
The Agribusiness Update
Ag Secretary Tom Vilsack applauds African Swine Fever efforts, and American Farm Bureau Federation tries to dispel myth about reconciliation bill containing methane tax on agriculture.
Georgia Peanuts Learning Journey and NPPC Applauds ASF Work
The Agribusiness Update
The Georgia Peanut Commission and Georgia Public Broadcasting launch new virtual learning experience called "Georgia Peanuts," and National Pork Producers Council applauds USDA efforts to stop African Swine Fever.