Latest News From Policy - Markets

Railroad Strike Days Away? Here’s What it Means for Agriculture
Railroad Strike Days Away? Here’s What it Means for Agriculture

A rail strike is looming despite the majority of unions reaching tentative agreement with the rail companies, but the unions not on board are essential to the operation of the nation’s rail system. 

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Congress Likely to Extend the Mandatory Livestock Price Reporting Program

Farm-state lawmakers will eventually add billions to the aid package, but Sen. Chuck Grassley (R-IA) agrees it could take until a later omnibus spending measure to be approved.

Factors That Will Shape the 2023 Farm Bill
Factors That Will Shape the 2023 Farm Bill

With Ukraine and Russia at war in the midst of a world moving away from the worst of the COVID-19 pandemic, there is a lot to consider in the 2023 Farm Bill. Industry experts weighed-in to share their predictions.

$4 Billion Initiative Will Create A More Resilient U.S. Food System, Vilsack Pledges
$4 Billion Initiative Will Create A More Resilient U.S. Food System, Vilsack Pledges

The dollars tagged for such purposes are part of the Build Back Better program, the Biden administration’s COVID-19 relief plan.

DC Signal to Noise: Will Hot/Dry Weather This Week Affect Accuracy of Upcoming S&D Report?
DC Signal to Noise: Will Hot/Dry Weather This Week Affect Accuracy of Upcoming S&D Report?

This week Chip Flory and Jim Wiesemeyer discuss concern over high temperatures and a lack of rain, cyberattacks, PORK Week and more.

Biden Says He Will Not Immediately Remove Phase 1 Trade Deal With China
Biden Says He Will Not Immediately Remove Phase 1 Trade Deal With China

U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump inked with China, the New York Times reported on Wednesday.

Pork Producers Sending Letter to Officials, Warning of Labor Shortages
Pork Producers Sending Letter to Officials, Warning of Labor Shortages

NPPC is warning of serious disruption to the U.S. pork industry. That’s especially with severe labor shortages at hog farms and in processing plants if already severe labor shortages are made worse by the coronavirus.

AgDay Analysis: Analyzing Wild Swings In Hog Market
AgDay Analysis: Analyzing Wild Swings In Hog Market

The lean hogs market dipped substantially lower. However, what will the markets do in light of African Swine Fever and the trade war? AgDay Host Clinton Griffiths discusses more with Jim McCormick with AgMarket.Net.

Analysis: FAPRI Farm Income Outlook Less Positive Than USDA
Analysis: FAPRI Farm Income Outlook Less Positive Than USDA

FAPRI’s baseline projections point to little change in net farm income over the next decade, which could lead to further erosion in the farm financial picture for agriculture.  For 2019, FAPRI sees livestock receipts not boasting the numbers USDA currently projects.

Trump, Xi Unlikely To Meet Prior To March Trade Deadline
Trump, Xi Unlikely To Meet Prior To March Trade Deadline

According to a senior administration official, the presidents are still planning to meet but there’s “too much work to do” in too short of a time period to flesh out a deal with China.

Soybeans Trade Lowest In 9.5 Years
Soybeans Trade Lowest In 9.5 Years

The tit-for-tat trade battle between China and the U.S. continues.

Would Smithfield Foods Be Required to Pay Chinese Tariffs?
Would Smithfield Foods Be Required to Pay Chinese Tariffs?

China has proposed a 25 percent tariff on U.S. pork, and pork producers are wondering if that would impact China-owned Smithfield Foods.

<p>The United States is the world's largest importer of steel. Imports are nearly four times those of exports. Courtesy: US Dept of Commerce</p>
U.S. Proposes Tariffs on Aluminum, Steel Imports

The U.S. Commerce Department has recommended that President Donald Trump impose tariffs on aluminum imports from all countries.

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GOP Panel Leader Open to Holding Hearing on NAFTA

But Rep. Brady believes consultation with key Trump officials is providing adequate oversight

Policy Updates: Trumps Asks GOP Senators Who Should Lead Fed
Policy Updates: Trumps Asks GOP Senators Who Should Lead Fed

Currency manipulation | Hold put on some USTR nominees | Ag Guestworker program | Trump battles some GOP senators | Disaster aid | ARC yield changes proposed | Markets