FAPRI Updates Baseline for U.S. Ag Markets
The University of Missouri’s Food and Agricultural Policy Research Institute released its 2024 Baseline Update for U.S. agricultural markets. Increased supplies, a strong dollar, and several other factors have caused prices for multiple agricultural commodities to fall
Record Ag Trade Deficit Forecast Renews Earlier FTA Policy Debate
USDA’s forecast of a looming record farm trade deficit next year raises the specter of an earlier debate and questions over the administration’s policy not to do free trade agreements. The 42-and-a-half billion-dollar farm trade deficit, if
Missouri Researchers Working on Protecting Cattle from Tick Diseases
University of Missouri researchers are working to develop the first-ever vaccine proven to protect cattle from a devastating tick-borne disease called bovine anaplasmosis. The research is vital to a state like Missouri, which has a $1.6 billion
USDA Launches Online Debt Consolidation Tool
The USDA launched a new Debt Consolidation Tool that allows U.S. agricultural producers to enter their farm operating debt and evaluate the potential savings that might come from debt consolidation. That consolidation could come from either a
USDA Forecasts an Increasing Trade Deficit in 2025
The USDA forecasted the agricultural trade deficit to increase sharply to a record $42.5 billion in the coming fiscal year. That compares to $30.5 billion this fiscal year, which ends September 30. The widening trade gap, a
Brazil Beef Exports to Hit Records in 2024, 2025
Beef exports from Brazil are expected to reach record highs in both 2024 and 2025 amid strong demand from overseas buyers, a weakened local currency, and “challenges” expected from rival exporting countries. That’s according to an attaché
Clean Fuels Wants Immediate 45Z Guidance
Clean Fuels Alliance America sent a letter to Treasury Secretary Janet Yellen urging the agency to issue guidance, including safe harbors, to the 45Z Clean Fuels Production Credit by September 1. The new producer credit becomes available
USDA Releases Updated Guidance on Labeling
The USDA announced the availability of updated guidelines that make recommendations to strengthen the documentation that supports animal-raising or environment-related claims on meat or poultry product labels. The action builds on the work USDA has already undertaken
Deck Stacked Against American Biofuels
Growth Energy submitted comments to the California Air Resources Board criticizing the latest updates to California’s Low Carbon Fuel Standard. Growth Energy says the changes unfairly single out American biofuels and make it hard for them to