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Farmer Sentiment Dips in August and Federal Court Vacates AEWR Rule
The Agribusiness Update
Farmer sentiment dipped again in August as the Purdue University-CME Group Ag Economy Barometer Index fell 10 points to 125, and a federal court decision vacates a burdensome and unfair disaggregation labor rule, part of the 2023 Adverse Effect Wage Rate Rule.
Farmer Sentiment Dips in August and Federal Court Vacates AEWR Rule
The Agribusiness Update
Farmer sentiment dipped again in August as the Purdue University-CME Group Ag Economy Barometer Index fell 10 points to 125, and a federal court decision vacates a burdensome and unfair disaggregation labor rule, part of the 2023 Adverse Effect Wage Rate Rule.
Court Victory over AEWR Rule and Screwworm Data from Mexico
The Agribusiness Update
A federal court in Louisiana has vacated the Department of Labor’s 2023 Adverse Effect Wage Rate methodology rule, a major victory for Florida agriculture, and Mexico recorded 5,086 cases of flesh-eating screwworm in animals as of August 17, a 53% jump over July.
Court Strikes Down Farm Wage Rule
California Ag Today
According to the American Farm Bureau, a Louisiana court ruling eases costly labor mandates for family farms.
Lab Meats Face Financing Woes and New USDA Data for Online Shopping
The Agribusiness Update
The last 12 months have been challenging for cultivated meat and seafood companies trying to raise capital, the USDA’s Economic Research Service’s Eating and Health Module captured, for the first time, national data concerning the prevalence and frequency of Americans online grocery shopping.
Modernized ESA Regulations Reinstated and September Wheat Production Unchanged
The Agribusiness Update
Modernized Endangered Species Act regulations will be reinstated after a Ninth Circuit Court of Appeals ruled a district court improperly vacated 2019 revisions, and USDA's September wheat production forecast is unchanged from August.
NCBA Opposes Wolf Delisting and Wells Fargo Paints Rosy Ag Future
The Agribusiness Update
NCBA and PLC oppose delisting of the gray wolves, and Wells Fargo economist paints rosy picture for ag future.
AFBF on Navigable Waters Rule and USDA Trade Forecast Records
The Agribusiness Update
American Farm Bureau Federation president Zippy Duvall disappointed in Navigable Waters Protection Rule changes, and USDA's trade forecast could be record setting.
Florida Teaching Agriculture Grants and USDA Trade Forecast Records
The Agribusiness Update
Florida teachers are now eligible for mini-grants for teaching K-12 students about agriculture, and USDA Trade Forecast continues to show record setting pace for exports.
WOTUS Reinstated and Trade Time Out with China
The Agribusiness Update
Obama's WOTUS reinstated by federal judge, and Trump and Xi call 90 day 'time out' in trade tiff.