EU agri-policy diary (Dec 18 – Dec 22): 2017 EU agricultural outlook conference, ENVI MEPs visit EFSA
While much attention is focused on commodity and nutrition programs in developing a new farm bill, the House Ag Committee appears poised to pursue some significant changes to the venerable Conservation Reserve Program (CRP).
President Donald Trump said his regulatory reform directives have resulted in the canceling or delaying of more than 1,500 regulations during the first 11 months of his term, and he plans to deliver much more in 2018.
Direct aid payments to EU farmers have existed since the earliest days of the CAP, but until the early 1990s they were secondary in importance to market support. Following the “MacSharry reforms” of 1992, however, the balance between the two types of support shifted decisively in favour of direct payments.
European Agriculture Policy
To realise the goals of the Paris Agreement, the European Commission has unveiled that it will generate €9 billion in development aid for climate change actions over the next three years, of which €3 billion will support sustainable agriculture, rural development and agri-businesses.
The European Council has agreed to move to phase two of the Brexit process and has committed to produce guidelines on the EU-UK future relationship in March next year.
The European Commission has expressed its disappointment at the lack of concrete outcomes from the WTO Ministerial Conference in Buenos Aires - including on key agricultural issues – with EU Trade Commissioner Malmström blaming the lack of responsibility shown by member states and the flaws in the organisation’s negotiating procedures.
US Agriculture Policy
Capping the price of Renewable Identification Numbers (RINs) at 10 cents each is being proposed by Sen. Ted Cruz (R-Texas) as a way of helping some refiners cope with what they say are costs for the Renewable Fuel Standard (RFS) that threaten their survival.
Economic updates this week focus mostly on housing and manufacturing but the final update on the third quarter US economy and Personal Consumption Expenditures data will also be of note.
US financial market & news review: Equity records, tax reform, Evans' dissent & busy data week ahead
Financial markets: US equity markets ended higher with all three major indices notching record closes for the day but also weekly gains.
Little major process was seen during "intersessional" talks between the US, Canada and Mexico on renegotiating the North American Free Trade Agreement (NAFTA).
European Food Law
The maximum daily level for magnesium in food supplements should not exceed 250 milligrams (mg), the German Federal Institute for Risk Assessment (BfR) has said in a new assessment published this week.
US Food Policy
About six months after one lawmaker urged FDA to investigate the negative effects of snortable chocolate, the agency has decided to treat the unusual product as an alternative to street drugs, telling marketers and distributors “immediately cease” marketing and distribution to U.S. consumers.
For the first time, the latest Unified Agenda for USDA’s Food Safety and Inspection Service (FSIS) includes several “deregulatory” proposed rules to strike certain FSIS regulations the administration says are redundant.
The Organic Livestock and Poultry Practices (OLPP) rule that would add new animal welfare restrictions under USDA's National Organic Program (NOP) will be withdrawn, according to a notice from USDA's Agricultural Marketing Service (AMS) scheduled for publication in the Federal Register next week.
USDA’s Food Safety and Inspection Service (FSIS) has received more than 24,000 comments overwhelmingly opposed to a National Chicken Council (NCC) petition that calls on the agency to waive line speed limits for certain poultry slaughter plants.
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