Your Pro Farmer newsletter (April 30, 2022) is now available
The U.S. is ramping up food aid to those impacted by Russia's invasion of Ukraine via USDA and the U.S. Agency for International Development initiatives. President Joe Biden also proposed $33 billion in additional aid, including $500 million to encourage U.S. farmers to increase production of crops such as soybeans and wheat to address global food shortages. While food shortage concerns around the world mount, USDA again raised its U.S. food price forecasts. U.S. weather will remain wet into early May, further delaying corn planting, that's already the slowest for the date since 2013. Meanwhile, congestion and service issues have become a “real problem” for industries across the country that need rail to move their goods, including agriculture. We cover these issues and much more in this week’s newsletter, which you can download here.