Latest News From Policy Update

Dysfunctional House Again Faces FY 2024 Funding Deadline
Dysfunctional House Again Faces FY 2024 Funding Deadline

Houthi ship attacks | U.S. boosts sanctions on Russia | Fedspeak | Natgas prices | Election updates

ASA Survey Reveals Concerns Over EPA's Herbicide Strategy for Soy Farmers
ASA Survey Reveals Concerns Over EPA's Herbicide Strategy for Soy Farmers

Is China favoring U.S. sorghum over corn? | Fed policy | U.S. crop sector shifts focus to domestic market with biofuels

U.S. Preparing Sanctions on Russia Over Navalny’s Death
U.S. Preparing Sanctions on Russia Over Navalny’s Death

FOMC | Will Dems protect House speaker? | E15, SAF | Food costs | Hogan again in Maryland

Chinese Lenders Slash Five-Year Loan Prime Rates by 25 Basis Points to 3.95%
Chinese Lenders Slash Five-Year Loan Prime Rates by 25 Basis Points to 3.95%

Bayer | Capital One/Discover | Proposition 12 | Calif. EV market slows | Investors and U.S. farmland

Biden, Like Trump, Tries to Take Middle Road in SAF Regs, Likely Pleasing No One
Biden, Like Trump, Tries to Take Middle Road in SAF Regs, Likely Pleasing No One

Lots of work to do but Congress out, again, on extended break

Former Top USDA Economists Give Advice on CCC Funding
Former Top USDA Economists Give Advice on CCC Funding

Vilsack says Wednesday’s House Ag hearing was ‘wasted opportunity’

Vilsack to Testify This Morning Before House Ag Committee
Vilsack to Testify This Morning Before House Ag Committee

Aid to Ukraine, Israel hits House hurdle | Mayorkas House impeachment | 2022 Ag Census

Consumer Prices Rose 0.3% in January, More Than Expected; Annual Rate of 3.1%
Consumer Prices Rose 0.3% in January, More Than Expected; Annual Rate of 3.1%

Senate clears foreign aid package to Israel, Ukraine and Taiwan; House GOP balks

New Farm Bill Talks Remain Stuck in Various Disputes; Sen. Hoeven Prepares Plan
New Farm Bill Talks Remain Stuck in Various Disputes; Sen. Hoeven Prepares Plan

Pork oversupply sparks economic concerns; industry seeks solutions

USDA Ag Outlook Forum to Provide First Glimpse of 2024 Supply & Demand
USDA Ag Outlook Forum to Provide First Glimpse of 2024 Supply & Demand

Aid for Ukraine, Israel | Vilsack to testify | 2022 Ag Census | CPI report | House special election

Federal Judge Declares Exemption in Massachusetts Farm Animal Act Unconstitutional
Federal Judge Declares Exemption in Massachusetts Farm Animal Act Unconstitutional

Cocoa surges | India rice prices record high | Senate to hold votes on aid to Ukraine, Israel, Taiwan

Special Counsel: No Criminal Charges for Biden's Classified Document Mishandling
Special Counsel: No Criminal Charges for Biden's Classified Document Mishandling

Senate takes step to advance aid to Ukraine, Israel, Taiwan | Farm income | USDA reports

Farm Income Shocker from USDA Could Have New Farm Bill Implications
Farm Income Shocker from USDA Could Have New Farm Bill Implications

Mexico surpasses China as top source of goods imported by U.S. for first time in over two decades

Dysfunctional Republicans in House, Senate on Full Display Following Recent Votes/Inaction
Dysfunctional Republicans in House, Senate on Full Display Following Recent Votes/Inaction

U.S. pork producers in price vice last seen in 1998 and 1999 | Farm bill going backwards

Consensus Builder, Farmer, Former USDA Official Bill Northey Dies at 64
Consensus Builder, Farmer, Former USDA Official Bill Northey Dies at 64

Odds sink for Senate border/Ukraine bill | China key for U.S. solar units | Fedspeak | ADM

Did Fed Chair Powell Say Anything New in 60 Minutes Interview?
Did Fed Chair Powell Say Anything New in 60 Minutes Interview?

USDA finalizes child nutrition program rule aligning with 2020 Dietary Guidelines as dairy industry eyes whole milk re-introduction

House Speaker Johnson Unveils Standalone $17.6 Billion Supplemental Funding Package
House Speaker Johnson Unveils Standalone $17.6 Billion Supplemental Funding Package

New U.S. attacks on Iran-linked targets | Tax package | Border security | Trade policy

Surprisingly Strong Jobs Growth in January; Big Upward Revision for December
Surprisingly Strong Jobs Growth in January; Big Upward Revision for December

Biden orders retaliation for attack on U.S. base in Jordan | Tax bill | Border security measure

House Clears Major Tax Package, But Hurdles Remain in Senate
House Clears Major Tax Package, But Hurdles Remain in Senate

Corteva results | Outlaw on Stabenow’s farm bill plan | U.S. officials warn of growing Chinese cyber threat | FOMC analysis | State ag officials fret over banks’ net-zero commitments

FOMC Day as Traders Await Any Signals on When Rates Will Be Cut
FOMC Day as Traders Await Any Signals on When Rates Will Be Cut

Updates on border security, tax package measures

Farmers, Analysts Respond to Stabenow’s Crop Insurance/Safety Net Proposals
Farmers, Analysts Respond to Stabenow’s Crop Insurance/Safety Net Proposals

Pushback is evident as ag stakeholders await next steps in long farm bill process

In Major Reversal, Saudi Arabia Orders Aramco Maintain Its Oil Production Capacity
In Major Reversal, Saudi Arabia Orders Aramco Maintain Its Oil Production Capacity

Haley takes on Trump’s proposed ATB tariffs on all imports; AEI panel addresses trade issues

Agreement Reached on Top-Line Allocations for 12 Federal Funding Bills
Agreement Reached on Top-Line Allocations for 12 Federal Funding Bills

What farmers are asking & saying | Ag Trade Caucus formed amid growing tensions over U.S. trade policy

House Speaker Johnson: Senate Border-Ukraine Aid Plan ‘Dead’ in House
House Speaker Johnson: Senate Border-Ukraine Aid Plan ‘Dead’ in House

FOMC | Jobs report | U.S./China talks | Money for advanced chips | Mayorkas impeachment | Tax measure faces hurdles

Trump Steps into Border-Ukraine Aid Debate and Odds Dip Lower for Congress to Act
Trump Steps into Border-Ukraine Aid Debate and Odds Dip Lower for Congress to Act

Core PCE falls to nearly 3-year low | Water clash between Texas & Mexico | Biden halts new LNG export terminal approvals

U.S. Economy Grows More Than Expected in Fourth Quarter at 3.3%; 2.5% for 2023
U.S. Economy Grows More Than Expected in Fourth Quarter at 3.3%; 2.5% for 2023

Treasury Secretary Janet Yellen in Chicago to give ‘major’ address on economy

Trump Beats Haley by Around 11 Points, but Loses Votes of Independents
Trump Beats Haley by Around 11 Points, but Loses Votes of Independents

China to cut banks' reserve requirement ratio 50 basis points from Feb. 5, inject 1 trillion yuan into market

Odds Declining Again for New Farm Bill This Year as Funding, Policy Differences Mount
Odds Declining Again for New Farm Bill This Year as Funding, Policy Differences Mount

U.S. corn prices cheapest for exports | Vilsack on farm bill, biofuel issues | China update

Volatility Returns to Shipping Costs on Red Sea Attacks, Other Issues
Volatility Returns to Shipping Costs on Red Sea Attacks, Other Issues

Farm Bureau president cites lack of labor as ag sector’s biggest problem

Congress Has Few Workdays Ahead of Latest FY 2024 Funding Deadlines
Congress Has Few Workdays Ahead of Latest FY 2024 Funding Deadlines

DeSantis suspends presidential bid ahead of New Hampshire primary, supports Trump | Food import costs surge/Red Sea attacks | Tax package outlook

Thompson Clarifies Farm Bill Comments, Murky on House Timeline
Thompson Clarifies Farm Bill Comments, Murky on House Timeline

Biden admits U.S. strikes have not stopped Houthi attacks on ships on Red Sea

G.T. Thompson: House Farm Bill Chairman’s Mark in Three Weeks, Seeks Passage in 2024
G.T. Thompson: House Farm Bill Chairman’s Mark in Three Weeks, Seeks Passage in 2024

Stabenow crafting crop insurance plan with tough choices for farmers

Senate Taking Steps to Clear CR by Thursday; House Vote Expected Friday
Senate Taking Steps to Clear CR by Thursday; House Vote Expected Friday

China’s economic data disappoint; population declines | Tax package hurdles | White House confab today

WSJ Survey: Probability of Recession Down Sharply, But Will Feel Like Recession for Many
WSJ Survey: Probability of Recession Down Sharply, But Will Feel Like Recession for Many

Trump wins big in Iowa | Houthis hit U.S.-owned ship | Perspective on Vilsack and CCC

FY 2024 Spending: Unclear What Comes Next
FY 2024 Spending: Unclear What Comes Next

Taiwan election | Houthis | Farm bill | Kerry to exit for Biden campaign | Ukraine | Tax package

Congressional Leaders Reach Accord to Avert Gov’t Shutdown
Congressional Leaders Reach Accord to Avert Gov’t Shutdown

But hurdles remain as disgruntled House conservatives balk

U.S.-Led Military Coalition Conducts Strikes Against Iran-Aligned Houthi Militants in Yemen
U.S.-Led Military Coalition Conducts Strikes Against Iran-Aligned Houthi Militants in Yemen

House speaker navigating complex situation re: spending deal | CRP, CREP signup | SRE

Senate GOP Leaders Say Stopgap Spending Measure Needed, Putting Pressure on House Speaker
Senate GOP Leaders Say Stopgap Spending Measure Needed, Putting Pressure on House Speaker

U.S. ag trade: Nov. exports fall, surplus achieved; FY 2024 outlook shows growing trade deficit

U.S. Trade Gap Below Forecasts
U.S. Trade Gap Below Forecasts

USDA pays out over $1 bil. in bird flu payments | Ga. dairy plant signals transformative shift in industry

U.S. Inflation Data This Week Could Dampen Rate Cut Expectations
U.S. Inflation Data This Week Could Dampen Rate Cut Expectations

Study: Soda taxes slash sugar-sweetened beverage consumption by one-third in five cities

Calendar of Key Elections and Other Events, 2024
Calendar of Key Elections and Other Events, 2024

Key dates for U.S., other countries in elections covering more than 40% global population

FY 2024 Budget Deal Reached
FY 2024 Budget Deal Reached

But shutdown threat remains

Congress Returns Amid Two-Week Timeline to Clear Bills on Key Topics
Congress Returns Amid Two-Week Timeline to Clear Bills on Key Topics

USDA reports Friday | FAA orders temporary grounding of 171 Boeing aircraft | U.S. debt

Risk of Gov’t Shutdown Increasing as House Conservatives Link Border Issues with Funding
Risk of Gov’t Shutdown Increasing as House Conservatives Link Border Issues with Funding

Oil price volatility returns on fears of escalating Red Sea conflict | Pig antibiotic in focus

U.S. Debt Hits Record $34 Trillion as Lawmakers Wrestle with FY 2024 Spending
U.S. Debt Hits Record $34 Trillion as Lawmakers Wrestle with FY 2024 Spending

FOMC minutes | ERP | Oil prices drop | Panama Canal | Mo. farmland | Chevron and Calif.

Oil Market Surges as Iran Dispatches Warship to Red Sea
Oil Market Surges as Iran Dispatches Warship to Red Sea

Tesla vs China | Prop 12 begins | India food-security challenges | Ukraine grain exports

Early 2024 International Focus: China, Israel, Ukraine, Iran/Houthi Rebels
Early 2024 International Focus: China, Israel, Ukraine, Iran/Houthi Rebels

Employment report | FAO food price index | SEC and bitcoin | Key events in 2024