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U.S. ethanol producers seek pricing reform as markets plunge, ADM sells

U.S. ethanol producers stung by collapsing prices are seeking changes to the way benchmark values for the biofuel are established, arguing the current system used by exchanges is vulnerable to manipulation, according to sources. The push comes as the key farm belt industry struggles with weak demand growth, a loss of export markets due to the U.S. trade war with China, and aggressive selling by global commodities giant Archer Daniels Midland Co that have pushed ethanol prices to 13-year lows.Top U.S.

USMCA will cause US ag exports to decline by $1.8B

A new report says the United States-Mexico-Canada Agreement (USMCA) will expand U.S. agricultural exports by $450 million, but those gains will be negated by retaliatory tariffs by Canada and Mexico against the U.S. The study, “How U.S. Agriculture Will Fare Under the USMCA and Retaliatory Tariffs,” was commissioned by agricultural policy institute Farm Foundation and completed by Purdue University agricultural economists Dominique van der Mensbrugghe, Ph.D., Wallace Tyner, Ph.D., and Maksym Chepeliev, Ph.D.The analysis says retaliatory tariffs will cause U.S.

Beijing issues rare public warning on 'serious' swine fever crisis

Chinese authorities have announced strict new measures in an attempt to halt the country's fast-growing African swine fever crisis, which has spread to 18 provinces and led to the culling of more than 200,000 pigs.Days after acknowledging the situation was "serious," the Chinese Agricultural Ministry on Friday reported the first outbreak of the disease in the southwestern province of Sichuan in a farm of 40 pigs.The news is especially concerning for officials as Sichuan is the top swine-producing region in China -- a country that produces half of the world's pigs with a current population o

The Supreme Court agreed to hear the census citizenship case. Here’s why that matters.

Department of Commerce Secretary Wilbur Ross announced in March that a question about citizenship would be added to the 2020 Census. Wide-ranging opposition followed — from local and state government officials, members of Congress and former Census Bureau directors, all citing consequences for decades to come. Historically, the Census Bureau has worked to guarantee the most accurate count of the entire United States population, notwithstanding citizenship.

Immigration and the dairy industry

As dairy operations increase animal numbers, they have also increased dependence on a larger labor pool. That labor pool has become less dominated by family members, and more dependent on foreign born labor. There undoubtedly would be benefits, however, there is significant risk for the dairy industry in any immigration legislation.The most recent significant immigration legislation was the Immigration Reform and Control Act (IRCA) of 1986. In 2013, the full U.S.

A $12 Billion Program to Help Farmers Stung by Trump’s Trade War Has Aided Few

America’s farmers have been shut out of foreign markets, hit with retaliatory tariffs and lost lucrative contracts in the face of President Trump’s trade war. But a $12 billion bailout program Mr. Trump created to “make it up” to farmers has done little to cushion the blow, with red tape and long waiting periods resulting in few payouts so far. According to the Department of Agriculture, just $838 million has been paid out to farmers since the first $6 billion pot of money was made available in September. Another pool of up to $6 billion is expected to become available next month.

Mexico authorizes 26 Brazilian meat plants to export chicken

Mexico has authorized 26 Brazilian meat plants to export chicken products into the country, Brazil’s Agriculture Ministry said on Monday, as the two nations seek to strengthen commercial ties amid a realignment of global trade partnerships.

Canada can enter trade deal with China, says agriculture minister

The United States and Mexico can’t exclude Canada from entering formal trade negotiation with China, Agriculture Minister Lawrence MacAulay says — despite an ongoing global trade war and questions about a clause in the trilateral trade deal. MacAulay was asked by reporters on Monday about a clause in the United States-Mexico-Canada Agreement (USMCA) that allows any member of the trade pact to veto a free trade agreement with a “non-market economy” — including China.A non-market country is a country that doesn’t operate on free-market principles that go beyond traditional trade protections.

USDA says nearly $840 million in aid paid to farmers to date

U.S. Department of Agriculture has paid out nearly $840 million to farmers to date as part of a promised $12 billion aid program rolled out by President Donald Trump last July to offset losses from the imposition of tariffs on American exports. A total of $837.8 million to date has been paid out with the top five commodities being soybeans, wheat, corn, dairy and hogs, USDA told Reuters.

Farm bill negotiators struggle with forestry, other issues in closing deal

Farm bill negotiators are struggling to work out deals on forestry regulations, commodity program eligibility rules and other issues with a goal of finalizing an agreement that Congress can vote on before adjourning in December. Conaway said he was gearing up to pitch the final bill to his fellow Republicans, who will lose control of the House in January.


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