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New Renewable Fuel Standards and Farm Bill Uncertainty
The Agribusiness Update
The EPA has finalized new renewable fuel standards to increase biofuel blending requirements and strengthen domestic energy production, and uncertainty surrounding the next farm bill continues as lawmakers remain divided on several key agricultural and nutrition policies.
Ag Trade Deficit Growing and Meat and Poultry Product Labeling
The Agribusiness Update
The USDA forecasted the agricultural trade deficit to increase sharply to a record $42.5 billion in the coming fiscal year, and updated guidelines have been announced that recommend strengthening documentation supporting animal-raising or environment-related claims on meat or poultry product labels.
Ag Trade Deficit Growing and Meat and Poultry Product Labeling
The Agribusiness Update
The USDA forecasted the agricultural trade deficit to increase sharply to a record $42.5 billion in the coming fiscal year, and updated guidelines have been announced that recommend strengthening documentation supporting animal-raising or environment-related claims on meat or poultry product labels.
India-U.S. Agree to Expand Trade and USDA Cuts Farm Export Forecast
The Agribusiness Update
India and the U.S. agree to expand trade between the two nations, and USDA cuts farm export forecast for 2022.