New 25% Tariff on Brazil Spares Beef, Other Key Agricultural Imports

Progressive Farmer’s Chris Clayton reported that, “the Trump administration announced 25% tariffs on a range of Brazilian products, including ethanol, but the U.S. currently imports virtually no Brazilian ethanol, while agricultural products such as beef and coffee were exempted from the new tariff action handed down late Wednesday.” “Among the actions U.S. Trade Representative’s Office […]

Oklahoma Reaches New Settlement with Poultry Companies in Decades-Long Pollution Case

Meatingplace’s Chris Moore reported that, “Oklahoma Attorney General Gentner Drummond announced a nearly $44 million settlement resolving the state’s 21-year lawsuit against six poultry companies accused of contributing to nutrient pollution in the Illinois River Watershed.” “The agreement settles claims against Tyson Foods, Cargill, George’s, Peterson Farms, Cal-Maine Foods and Simmons Foods,” Moore reported. “Oklahoma […]

House Reconciliation Bill Could Include $11 Billion in Farm Aid

Politico’s Meredith Lee Hill and Kelsey Brugger reported that “House Republican leaders and White House officials are coalescing around a roughly $80 billion policy package as they prepare for a final summer push to enact party-line budget reconciliation legislation.” “House Armed Services Chair Mike Rogers (R-Ala.) said the bill would pump $67 billion into Pentagon […]

Unions Claim USDA Overhaul Will Gut Agency

Reuter’s Daniel Wiessner reported that, “a group of unions, nonprofits and U.S. municipalities has asked a federal judge to block the U.S. Department of Agriculture’s planned reorganization, including the relocation of more than 2,500 employees based in the District of Columbia.” “The coalition of plaintiffs said in ​a filing in San Francisco federal court late […]

USDA to Fund $500 Million Expansion of Domestic Fertilizer Production

Reuters’ Karl Plume reported that “U.S. Agriculture Secretary Brooke Rollins announced $500 million in new funding on Wednesday to expand domestic ​fertilizer production after the Iran war drove up prices.” “Fertilizer prices have soared ​since the U.S. and Israel launched the war, as more ​than 30% of global exports were caught in Iran’s near-total closure […]

Fertilizer Prices Drop on US-Iran Peace Deal News

Price indicators for key farm inputs tumbled on Monday following news of the U.S.-Iran preliminary peace deal. The value of urea at New Orleans, a benchmark for North American nitrogen fertilizer, fell about 5% from Friday, or roughly $20, according to Josh Linville, vice president of fertilizer for StoneX. That marks a 53% drop from a high earlier this spring, he says.

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