Policy Update

USDA revises forecast for farm income in 2024, projecting far less severe decline than anticipated, but figures show need for new farm bill
Harris tempers Biden capital gains tax increase proposal | More bad news for U.S. ag exports
Vilsack wants to keep his job | Slotting and supermarkets | Key votes in Montana | Oil prices plummet | Dockworker talks begin | Cargill
Trump on China | Koch | Trump & Harris tax proposals | U.S. farm income | CR | Ukraine caps wheat exports
Israel/Hamas | Russia/Ukraine | 45Z | Harris opposes Nippon Steel’s $15 bil. bid for U.S. Steel | China’s ag hit hard by extreme weather | Turkey seeks BRICS membership

Anger at Netanyahu mounts as Israel recovers bodies of six hostages | Ukraine strikes major Moscow refinery | Avian influenza confirmed in three Calif. dairy herds
Boar’s Head plant in Va. linked to deadly listeria outbreak amid serious sanitation violations
CNN releases key excerpts from a speech to be aired this evening
Absent new shocks, projected prices generally remain near current levels over next five years
Electric vehicles and supply chains | Digital service tax | Dairy tariff measures