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Budget & Financing

Budget & Financing

Set Alert for Budget and Financing

Day ahead – March 20, 2019: Early damage estimates for Midwest flooding

Early estimates see large livestock and crop losses from flooding in Nebraska and Iowa. Meanwhile, there is mixed news on US-China trade talks and "extreme shortages" persist in China's hog market as officials say the African swine fever (ASF) outbreak is under control.

US Agricultural Policy US Food Policy

Day ahead – March 19, 2019: China could triple US farm good purchases

China could triple its US farm good purchases over the next five years, according to USDA Secretary Sonny Perdue. Meanwhile, Perdue will ring the opening bell for the New York Stock Exchange (NYSE) and a US congressional delegation is traveling to China to discuss trade.

US Agricultural Policy US Food Policy

No requested cost-benefit analysis on ERS, NIFA changes in USDA budget

A cost-benefit analysis has not yet been provided by USDA relative to their proposal to relocate the Economic Research Service (ERS) and National Institute of Food and Agriculture (NIFA) outside of Washington, DC, but Fiscal Year (FY) 2020 budget plans say that analysis will be coming.

US Agricultural Policy US Food Policy

Day ahead – March 18, 2019: Trump-Xi meeting may be pushed back to June

A meeting between President Donald Trump and Chinese President Xi Jinping could be pushed back until June, according to reports. Meanwhile, Reuters said Brazil is considering a tariff rate quota (TRQ) for US wheat, and Canada bolstered its efforts to prevent African swine fever (ASF) from entering the country.

US Agricultural Policy US Food Policy

US Washington week ahead: Congress out with trade, Fed policy in focus

The House and Senate are both on a week-long break, returning the week of March 25.

US Agricultural Policy US Food Policy

Day ahead – March 15, 2019: No Trump-Xi meeting this month: Mnuchin

A meeting between President Donald Trump and Chinese President Xi Jinping will not take place this month, according to Treasury Secretary Steven Mnuchin. Meanwhile, Mnuchin also said he expects the Section 232 metal tariffs issue to be worked out with Canada and Mexico and the Environmental Protection Agency (EPA) approved more Renewable Fuel Standard (RFS) waivers.

US Agricultural Policy US Food Policy
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Economy & Finance

Set Alert for Economy and Finance

Day ahead – March 20, 2019: Early damage estimates for Midwest flooding

Early estimates see large livestock and crop losses from flooding in Nebraska and Iowa. Meanwhile, there is mixed news on US-China trade talks and "extreme shortages" persist in China's hog market as officials say the African swine fever (ASF) outbreak is under control.

US Agricultural Policy US Food Policy

Brazil to implement US wheat TRQ, allow US pork imports

Trade-related commitments between the US and Brazil for US pork and wheat were announced following a meeting between President Donald Trump and Brazilian President Jair Bolsonaro at the White House today (March 19).

US Agricultural Policy US Food Policy

Day ahead – March 19, 2019: China could triple US farm good purchases

China could triple its US farm good purchases over the next five years, according to USDA Secretary Sonny Perdue. Meanwhile, Perdue will ring the opening bell for the New York Stock Exchange (NYSE) and a US congressional delegation is traveling to China to discuss trade.

US Agricultural Policy US Food Policy

WTO ag working groups remain focused on domestic ag supports

Domestic support issues drew the most interest in an initial round of World Trade Organization (WTO) Committee on Agriculture (COA) working group sessions.

US Agricultural Policy European Agricultural Policy

Day ahead – March 18, 2019: Trump-Xi meeting may be pushed back to June

A meeting between President Donald Trump and Chinese President Xi Jinping could be pushed back until June, according to reports. Meanwhile, Reuters said Brazil is considering a tariff rate quota (TRQ) for US wheat, and Canada bolstered its efforts to prevent African swine fever (ASF) from entering the country.

US Agricultural Policy US Food Policy

US Washington week ahead: Congress out with trade, Fed policy in focus

The House and Senate are both on a week-long break, returning the week of March 25.

US Agricultural Policy US Food Policy
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Tax Policy

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Ag spending again targeted for big cuts in Trump FY 2020 budget

Large cuts for USDA and other federal agencies were once again floated by the Trump administration in its Fiscal Year (FY) 2020 budget proposal released today (March 11), but most of the spending reductions are unlikely to gain much traction in Congress – especially now that Democrats control the House.

US Agricultural Policy US Food Policy

Trade turbulence continues to hit global growth: OECD

Policy uncertainty and continued global trade tensions are pushing down global economic growth, the Organization for Economic Cooperation and Development (OECD) said in its latest Interim Economic Outlook released March 6.

US Agricultural Policy OECD

Day ahead – March 1, 2019: US not in TPP showing in Japan beef market

Countries that stayed with the Trans-Pacific Partnership (TPP) accord are gaining on the US in Japan while the IRS has said US farmers have more time to file their taxes this year.

US Agricultural Policy US Food Policy
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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

USDA's Johansson: Uncertainties abound for US agriculture in 2019

US agriculture is facing uncertainties on several fronts as 2019 opens, creating more questions about prospects for the sector relative to acreage, farm income and more, according to USDA's top economist.

US Agricultural Policy Budget and Financing

US Washington week ahead: EPA, farm bill, economy and spending plans

The House has exited Washington for their August recess while the Senate remains at work.

US Agricultural Policy US Food Policy

US financial & news review: Equities drop; biofuel confab said on tap for Tuesday

Losses in tech stocks roiled equity markets to open the week while another biofuels session is said to be on tap for Tuesday while discussions between the US and Germany on several issues were termed "constructive."

US Agricultural Policy Economy and Finance
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Compliance & Enforcement

Set Alert for Compliance and Enforcement

Day ahead – March 20, 2019: Early damage estimates for Midwest flooding

Early estimates see large livestock and crop losses from flooding in Nebraska and Iowa. Meanwhile, there is mixed news on US-China trade talks and "extreme shortages" persist in China's hog market as officials say the African swine fever (ASF) outbreak is under control.

US Agricultural Policy US Food Policy

Brazil to implement US wheat TRQ, allow US pork imports

Trade-related commitments between the US and Brazil for US pork and wheat were announced following a meeting between President Donald Trump and Brazilian President Jair Bolsonaro at the White House today (March 19).

US Agricultural Policy US Food Policy

Opportunity, peril for US pork industry as China ASF outbreak rages

As efforts to prevent African swine fever (ASF) continue in the US and internationally, the ongoing outbreak in China could provide a boost to US pork exporters – if current tariffs and other trade barriers are lifted.

US Agricultural Policy Animal Health
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