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Progress on a Tentative Agreement on Biofuels Blending

Reuters writers Stephanie Kelly and Jarrett Renshaw reported last week that, “White House officials on Wednesday urged U.S. biofuel producers and oil refiners to accept a deal to lift biofuel blending mandates in 2020, saying overlong negotiations could make it…

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Recent News Summaries

Trade Tensions Simmer; China Purchases U.S. Farm Goods as African Swine Fever Impacts Pork Market

On Thursday, Wall Street Journal writers Lingling Wei, Chao Deng and Josh Zumbrun reported that, “China is looking to narrow the scope of its negotiations with the U.S. to only trade matters, seeking to put thornier national-security issues on a separate…

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Federal Reserve: Observations on the Ag Economy- August 2019

Last week, the Federal Reserve Board released its August 2019 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy.

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U.S., China Trade Talks Set to Resume; Agricultural Export Markets Continue to Adjust

Bloomberg writers Michael Hirtzer and Dominic Carey reported last week that, “The trade war between the U.S. and China continues to surprise agricultural markets, even delivering an unexpected reprieve for American farmers who have otherwise been roiled by the conflict.”

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Executive Branch Biofuels Draft Plan Falls Short of Expectations

Reuters writers Chris Prentice and Stephanie Kelly reported late last week that, “U.S. President Donald Trump is expected to meet with Department of Agriculture and Environmental Protection Agency officials late Thursday to consider a plan that would include boosting biofuels…

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On Ethanol, President Trump Plans to Regain Farmers’ Trust

Late last month, Des Moines Register writer Stephen Gruber-Miller reported that, “Gov. Kim Reynolds called President Donald Trump ‘an advocate for farmers’ on [August 27th], but said he may not have understood the damage caused by the ethanol waivers his administration granted.”

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USDA Agricultural Trade Outlook- FY19 Export Forecast Lowered Again

Gary Crawford explained in a segment for USDA Radio on Thursday that, “Back in May, Agricultural Department analysts were forecasting this 2019 Fiscal Year’s U.S. ag exports to be $137 billion, down $4.5 billion from their previous forecast, and down…

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