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Budget & Financing

Budget & Financing

Set Alert for Budget and Financing

Day ahead – August 16, 2019: Weekend could be key in US-China situation

Developments this weekend could prove pivotal for the trajectory of the US-China trade situation. Meanwhile, a Chicago Fed survey revealed a drop in farmland values and the Food and Drug Administration (FDA) provided new guidance to help food companies comply with nutrition labeling changes.

US Agricultural Policy US Food Policy

USDA takes action to help flooded farmers with crop insurance premium payments

Interest accrual for all unpaid spring 2019 crop insurance premiums is being delayed to provide more flexibility for producers who were impacted by flooding and extreme weather this year, USDA's Risk Management Agency (RMA) announced today (August 15).

US Agricultural Policy Farm Policy & Programs

Day ahead – August 15, 2019: China threatens a response to new US tariffs

China warned it would respond if new US tariffs take effect September 1 as scheduled. Meanwhile, a Japanese official said talks with the US toward a mini ag and auto trade deal are making progress and a Gallup poll revealed one in seven Americans use CBD-based products.

US Agricultural Policy US Food Policy

Day ahead – August 13, 2019: Trump presses Japan to buy more US farm goods

President Donald Trump has reportedly asked Japanese Prime Minister Shinzo Abe to purchase more US farm products. Meanwhile, USDA released several key market moving reports yesterday (August 12) and there is speculation the Food and Drug Administration (FDA) could begin enforcing new food import regulations soon.

US Agricultural Policy US Food Policy

AFGE reaches deal with USDA to temper impact of ERS, NIFA relocations

Provisions aimed at reducing the impacts for Economic Research Service (ERS) and National Institute of Food and Agriculture (NIFA) employees selected for relocation from Washington, DC, to the Kansas City area were secured in an agreement between USDA and the American Federation of Government Employees (AFGE).

US Agricultural Policy US Food Policy

Day ahead – August 12, 2019: Attention on USDA updates

Key USDA reports will garner attention today with some of the first numbers on prevented planting being one focus. Meanwhile, the Environmental Protection Agency (EPA) issued 31 small refiner exemptions (SREs) for the 2018 compliance year and the Association of Official Agricultural Chemists (AOAC) is looking to review testing and method standards for cannabis at its meeting next month in Denver.

US Agricultural Policy US Food Policy
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Economy & Finance

Set Alert for Economy and Finance

Day ahead – August 16, 2019: Weekend could be key in US-China situation

Developments this weekend could prove pivotal for the trajectory of the US-China trade situation. Meanwhile, a Chicago Fed survey revealed a drop in farmland values and the Food and Drug Administration (FDA) provided new guidance to help food companies comply with nutrition labeling changes.

US Agricultural Policy US Food Policy

USDA takes action to help flooded farmers with crop insurance premium payments

Interest accrual for all unpaid spring 2019 crop insurance premiums is being delayed to provide more flexibility for producers who were impacted by flooding and extreme weather this year, USDA's Risk Management Agency (RMA) announced today (August 15).

US Agricultural Policy Farm Policy & Programs

US, China clash over US compliance ruling at WTO DSB meeting

The US and China tussled over the adoption of an Appellate Body decision on US non-compliance with a dispute panel ruling about various countervailing duty investigations while requests for dispute panels were granted to probe India's sugar subsides during an August 15 meeting of the World Trade Organization's (WTO) Dispute Settlement Body (DSB).

US Agricultural Policy European Agricultural Policy

Day ahead – August 15, 2019: China threatens a response to new US tariffs

China warned it would respond if new US tariffs take effect September 1 as scheduled. Meanwhile, a Japanese official said talks with the US toward a mini ag and auto trade deal are making progress and a Gallup poll revealed one in seven Americans use CBD-based products.

US Agricultural Policy US Food Policy

Iowa Senators stress USMCA benefits for pork industry

Ratification of the US-Mexico-Canada Agreement (USMCA) is "imperative to the health and prosperity of the pork industry," Iowa Sens. Chuck Grassley (R) and Joni Ernst (R) wrote in an op-ed this week. Meanwhile, other farm state lawmakers continue to defend their positions on the accord as they attend public events in their districts during the August recess.

US Agricultural Policy Trade Agreements

Day ahead – August 14, 2019: Trump hits Japan on trade deficit

President Donald Trump hit Japan over its trade deficit with the US during a speech in Pennsylvania Tuesday (August 13). Meanwhile, Senate Finance Committee Chairman Chuck Grassley (R-Iowa) suggested gathering information on Renewable Fuel Standard (RFS) small refiner waivers from Security and Exchange Commission (SEC) filings and Oregon enacted a new animal welfare law affecting egg production.

US Agricultural Policy US Food Policy
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Tax Policy

Set Alert for Tax Policy

Farm Bureau keeps up pressure on ag-related tax issues

Expired and expiring tax credits, known as "tax extenders," and repeal of the Health Insurance Tax (HIT), continue to be policy priorities, the American Farm Bureau Federation stressed in letters to Senate Finance Committee members.

US Agricultural Policy Tax Policy

Day ahead – June 21, 2019: US fines shippers for evading China tariffs

The US Department of Homeland Security fined several shipping companies for evading tariffs on China. Meanwhile, Senate Fiscal Year (FY) 2020 spending bills do not include a pay raise for Congress and a House panel approved a bill that would renew lapsed tax incentives, including the biodiesel tax credit.

US Agricultural Policy US Food Policy

U.S. biofuels demand forecast to rise 50% when new E15 in place

Demand for biofuels in the United States could expand by 50% annually in the wake of new rules allowing year-round sales of gasoline with 15% ethanol (E15), according to the head of a leading Brazilian ethanol company.

Biofuels Environment and Conservation
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Estate Taxes

Set Alert for Estate Taxes

House Republican tax plan has lots of trade offs

The tax reform package presented by House Republicans (HR 1) – the Tax Cuts and Jobs Act – will be marked by up the House Ways & Means Committee starting November 6, and has provisions that US agricultural and business interests find positive but also some areas they feel are absent from the package.

US Agricultural Policy Tax Reform

US day ahead - September 27, 2017: Tax reform concepts coming today

Attention will be on tax reform framework ideas that are coming from Republican lawmakers on the Hill and from President Donald Trump in an appearance in Indiana. Grain and soybean futures are lower as harvest-related pressure continues to build for corn and soybeans. A proposal to provide aid to cotton producers is moving through the process at USDA and environmental groups are pushing for more focus on conservation compliance.

US Agricultural Policy Tax Reform

Governor to sign Delaware estate tax repeal

Governor to sign Delaware estate tax repeal

US Agricultural Policy Tax Policy
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Land Prices

Set Alert for Land Prices

Day ahead – August 16, 2019: Weekend could be key in US-China situation

Developments this weekend could prove pivotal for the trajectory of the US-China trade situation. Meanwhile, a Chicago Fed survey revealed a drop in farmland values and the Food and Drug Administration (FDA) provided new guidance to help food companies comply with nutrition labeling changes.

US Agricultural Policy US Food Policy

Indonesia’s ban on forest clearance made permanent

Indonesia’s moratorium on new forest clearance - first introduced in 2011 and repeatedly extended - has been made permanent.

Environment and Conservation Political

Farm economy struggles highlighted by new ERS food dollar data

New data showing farmers' share of the retail food dollar has reached an all-time low is indicative of the economic challenges seen across the US ag sector, National Farmers Union (NFU) President Roger Johnson said today (April 25).

US Agricultural Policy Economy and Finance
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Compliance & Enforcement

Set Alert for Compliance and Enforcement

EU biotech policies still scorned by the US

The European Union's (EU) recent approval of several ag biotech products is a positive development, but regulatory delays and bans imposed by individual member states remain major concerns, the US said in statement at the August 15 World Trade Organization (WTO) Dispute Settlement Body (DSB) meeting.

US Agricultural Policy European Agricultural Policy

US, China clash over US compliance ruling at WTO DSB meeting

The US and China tussled over the adoption of an Appellate Body decision on US non-compliance with a dispute panel ruling about various countervailing duty investigations while requests for dispute panels were granted to probe India's sugar subsides during an August 15 meeting of the World Trade Organization's (WTO) Dispute Settlement Body (DSB).

US Agricultural Policy European Agricultural Policy

Day ahead – August 15, 2019: China threatens a response to new US tariffs

China warned it would respond if new US tariffs take effect September 1 as scheduled. Meanwhile, a Japanese official said talks with the US toward a mini ag and auto trade deal are making progress and a Gallup poll revealed one in seven Americans use CBD-based products.

US Agricultural Policy US Food Policy
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