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EPA to Work on WOTUS and Tractor Combine Sales Down
The Agribusiness Update
EPA Administrator Lee Zeldin says they are working with the Army Corps of Engineers to review the definition of the “Waters of the United States,” and the Association of Equipment Manufacturers says U.S. sales of Ag tractors and combines continued to decline in February.
Climate Smart Tax Credits
Washington State Farm Bureau Report
The American Farm Bureau is raising concerns about the unlevel playing field currently created by the 40B and 45Z tax credits.
Complex Competition Issues and Grain Council Report Down
The Agribusiness Update
The USDA announced the next steps in addressing the complex competition issues in ag markets and creating a fairer playing field for poultry growers and farmers, and the International Grains Council released its Market Report that shows a reduction in the forecast for world grains production.
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.
China Trade Cheating Restitution Act and Large Dairies Grow Faster
The Agribusiness Update
China Trade Cheating Restitution Act introduced, and Large Dairies grow faster than smaller operations.
Alabama's Down To Earth Day and China Trade Cheating Restitution Act
The Agribusiness Update
Alabama farmers and Governor establish March 31 as Down To Earth Day, and farm state lawmakers introduce China Trade Cheating Restitution Act.
USDA Heirs' Relending and Grassley on Small Livestock Producers
The Agribusiness Update
Ag Secretary Tom Vilsack announces $67-million in loans for Heirs' Property Relending Program, and Senator Chuck Grassley wants to level the playing field for smaller livestock producers.
ASF Confirmed in Dominican Republic and Grassley on Small Livestock Producers
The Agribusiness Update
African Swine Fever cases confirmed in Dominican Republic, and Senator Chuck Grassley looks to level playing field for smaller livestock producers.
Big Pigs in China and Bitter Pit Sensors
The Agribusiness Update
Chinese pig farmers are bringing bigger pigs to market in an effort to make up for African Swine Fever losses, and AgroFresh launches new bitter pit screening for Honeycrisp apples.
U.S. Trade Disadvantage and New Wheat Markets Challenging
The Agribusiness Update
New trade agreements between former TPP partners puts U.S. at a disadvantage, and U.S. wheat demand remains strong but finding new markets is a challenge.
Trudeau Under Fire and $300 Cow Cuddles
The Agribusiness Update
Canadian Prime Minister Trudeau under fire with farmers for NAFTA concessions, and New York City residents paying $300 for cuddle with cows therapy.