Latest News From Policy Update

White House to Hold Listening Sessions to Combat Hunger and Improve Nutrition
White House to Hold Listening Sessions to Combat Hunger and Improve Nutrition

China competition bill heads to conference after Senate votes

India Mulls Restricting Wheat Exports as Several Heat Waves Damage Crops
India Mulls Restricting Wheat Exports as Several Heat Waves Damage Crops

FOMC | Biden policy re: China | CRP enrollment | E15 report | Record diesel prices

Putin Could Formally Declare War on Ukraine on May 9
Putin Could Formally Declare War on Ukraine on May 9

Roe vs. Wade | FOMC meeting begins | Countries facing wheat crisis | Food banks

Farmer Reaction to White House Plan to Boost Plantings: ‘We Need Rain, Not Higher Loan Rates’
Farmer Reaction to White House Plan to Boost Plantings: ‘We Need Rain, Not Higher Loan Rates’

China met with domestic and foreign banks on plan if Beijing hit with Russia-style sanctions

Fed Rate Hike Coming Wednesday but Key is What Chairman Signals Ahead
Fed Rate Hike Coming Wednesday but Key is What Chairman Signals Ahead

USTR Tai, Treasury Secretary Yellen among speakers this week in Washington

Biden Admin. Wants to Significantly Boost Some Commodity Loan Rates for Two Years
Biden Admin. Wants to Significantly Boost Some Commodity Loan Rates for Two Years

Proposes to increase wheat loan 63% to $5.52 bu.; oilseeds by 40%; rice and pulse 21%

U.S. Economy Contracts for First Time Since Mid-2020 in First Quarter
U.S. Economy Contracts for First Time Since Mid-2020 in First Quarter

Meat packer CEOs, put under oath, say no pact to drive up profits or limit meat supply.

Russia Cuts Off Gas Supplies to Poland and Bulgaria, Taking Aim at Europe’s Economy
Russia Cuts Off Gas Supplies to Poland and Bulgaria, Taking Aim at Europe’s Economy

Details of first day of Surface Transportation Board hearings | NCBA statement on cattle bill

Senate Ag Committee Reviews Two Cattle Market Legislative Proposals
Senate Ag Committee Reviews Two Cattle Market Legislative Proposals

Ranking member reveals he had ‘spirited conversations’ with USDA

Russia's Lavrov: NATO Risks Turning Ukraine Conflict into World War
Russia's Lavrov: NATO Risks Turning Ukraine Conflict into World War

USDA 2022 food price inflation forecasts already at 14-year high… more hikes likely ahead

April Market Selloff Continues as Parts of Beijing Now Facing Lockdown as Equities Crater
April Market Selloff Continues as Parts of Beijing Now Facing Lockdown as Equities Crater

Barometer of congestion at the ports of Los Angeles and Long Beach worsened in March

Cattle/Meat Industry Hearings Focus of Ag Panels This Week
Cattle/Meat Industry Hearings Focus of Ag Panels This Week

Vilsack, Regan, other Cabinet members before House Appropriations members

Texas A&M Report on Revised Cattle Price Discovery and Transparency Act of 2022
Texas A&M Report on Revised Cattle Price Discovery and Transparency Act of 2022

Latest analysis still shows huge burden on Southern Plains

USDA Announces 1,347,000 MT of Corn for Delivery to China
USDA Announces 1,347,000 MT of Corn for Delivery to China

Treasury Secretary Yellen discusses logistics and need for food, fertilizer aid for some nations

Report on Cash Cattle Mandate: ‘Attempting to Solve a Problem that Does Not Exist’
Report on Cash Cattle Mandate: ‘Attempting to Solve a Problem that Does Not Exist’

Working group of ag economists assess Cattle Price Discovery and Transparency Act of 2022

Enviro Group Urges Targeted Crop Insurance Subsidies; End to Excluding Low Yield Years
Enviro Group Urges Targeted Crop Insurance Subsidies; End to Excluding Low Yield Years

U.N. group urges $25 billion fund to help poor nations deal with surge in food prices

Survey: Tepid Reception to Summer Sales of E15 Ethanol
Survey: Tepid Reception to Summer Sales of E15 Ethanol

Nominee close for still-vacant role of USDA Undersecretary for Trade & Foreign Ag Affairs

U.S. Public Transit Mask Mandate Overturned by Federal Judge; Most Airlines Lift Mandate
U.S. Public Transit Mask Mandate Overturned by Federal Judge; Most Airlines Lift Mandate

Natural gas unnaturally high and rising | World Bank: ‘Exceptional uncertainty’ | IMF forecasts

Report: If House GOP Wins Chamber, Term Limits Possible for All Chairs & Ranking Members
Report: If House GOP Wins Chamber, Term Limits Possible for All Chairs & Ranking Members

Mortgage payments as percentage of income in U.S. highest since 2008

IMF/World Bank Hold Annual Spring Meetings in D.C. Amid Rising Global Inflation
IMF/World Bank Hold Annual Spring Meetings in D.C. Amid Rising Global Inflation

Russia warns U.S. to stop sending weapons to Ukraine or risk ‘unpredictable consequences’

Updated Fertilizer Price Impact Report to Show Much Higher Effects Than Initial Assessment
Updated Fertilizer Price Impact Report to Show Much Higher Effects Than Initial Assessment

Financial officials next week to discuss food shortages and price increases brought on by war

Not Much Impact from E15 Announcement
Not Much Impact from E15 Announcement

Pork producers give reasons why they are not expanding operations

Biden to Announce Emergency Summertime Sale of E15 During Speech Today in Melo, Iowa
Biden to Announce Emergency Summertime Sale of E15 During Speech Today in Melo, Iowa

White House blaming Putin for inflation it believes will be ‘extraordinarily elevated’

House Ag Panel Invites Top Five Meat Processor CEOs to April 27 Hearing
House Ag Panel Invites Top Five Meat Processor CEOs to April 27 Hearing

Some lawmakers push special counsel at USDA re: meat industry competition | Biden to Iowa

Congress Out, as Inflation Reports and Russia/Ukraine War Remain Key Focus
Congress Out, as Inflation Reports and Russia/Ukraine War Remain Key Focus

New U.S. gun regulations coming | Vilsack tested Covid-positive

Defining a Crisis: World Food Prices Keep Surging Amid War & Chinese Covid-Related Port Issues
Defining a Crisis: World Food Prices Keep Surging Amid War & Chinese Covid-Related Port Issues

EPA again upsets biofuel proponents as they give 31 refiners end-around RINs

EPA Faces Deadline Today on 2018 Refinery Waivers Under RFS
EPA Faces Deadline Today on 2018 Refinery Waivers Under RFS

USDA grants big money to UNL for a study of meatpacking industry since Covid

Vilsack: Only 1.8 Mil. of 4 Mil. Expiring CRP Acres Will Be Re-enrolled; Just 800,000 Acres in New Contracts
Vilsack: Only 1.8 Mil. of 4 Mil. Expiring CRP Acres Will Be Re-enrolled; Just 800,000 Acres in New Contracts

FOMC minutes | Big fertilizer, seed, labor woes in China | FJ surveys chemical retailers

USDA Formally Launches ELRP Effort; Crop Producers Await WHIP+ Details
USDA Formally Launches ELRP Effort; Crop Producers Await WHIP+ Details

World's largest container port hit by Covid surge in Shanghai

Vilsack: Bringing CRP Ground Back into Production ‘Not Feasible’
Vilsack: Bringing CRP Ground Back into Production ‘Not Feasible’

In letter to NGFA, Vilsack indicates less CRP re-enrollments in the latest general signup

Supreme Court Nominee Panel, Floor Votes Likely This Week
Supreme Court Nominee Panel, Floor Votes Likely This Week

Reports include WASDE, Brazil and China ests., FAO food prices, FOMC minutes

Will USDA Tap CCC for Fertilizer Price Aid?
Will USDA Tap CCC for Fertilizer Price Aid?

White House asks Cabinet for ideas | Pelosi led meetings on gas prices this week

Those Missing USDA Corn Planting Number Still Thinking More Acres Ahead, But…
Those Missing USDA Corn Planting Number Still Thinking More Acres Ahead, But…

USDA finally releases disaster aid details for livestock producers | Jobs report | Trade policy

OPEC Sticks to Production Plan Despite Elevated Oil Prices | Biden to Again Tap SPR
OPEC Sticks to Production Plan Despite Elevated Oil Prices | Biden to Again Tap SPR

OPEC Sticks to Production Plan Despite Elevated Oil Prices | Biden to Again Tap SPR

U.S. Skeptical About Russia Withdrawing Troops in Ukraine
U.S. Skeptical About Russia Withdrawing Troops in Ukraine

World Bank president: In times of food shortages, reduce subsidies for ethanol

Ukraine and Russia Meet for Peace Talks | Russia to ‘Drastically Reduce’ Military Assault
Ukraine and Russia Meet for Peace Talks | Russia to ‘Drastically Reduce’ Military Assault

Perspective on Biden’s FY 2023 budget wish list | SCOTUS takes on Prop 12

Shanghai Shutdown Will Disrupt Commercial Activity Well Beyond the City
Shanghai Shutdown Will Disrupt Commercial Activity Well Beyond the City

Will Supreme Court finally accept petition to review Prop 12 ruling?

Issues This Week: Biden’s FY 2023 Budget and USTR Tai on Trade Agenda
Issues This Week: Biden’s FY 2023 Budget and USTR Tai on Trade Agenda

Key USDA reports this week: Hogs & Pigs report, Prospective Plantings, Grain Stocks

Some FSA Offices Errantly Telling Farmers WHIP+ Is on Hold
Some FSA Offices Errantly Telling Farmers WHIP+ Is on Hold

Biden: ‘With regards to food shortages, it's going to be real’

Will Push by Some Ag Groups to Plant Some CRP Acres Alter RFS Mandates?
Will Push by Some Ag Groups to Plant Some CRP Acres Alter RFS Mandates?

U.S. and EU close to deal aimed at slashing Europe’s dependence on Russian energy

Former Top USDA Economist: Suspend the RFS Biodiesel Mandate
Former Top USDA Economist: Suspend the RFS Biodiesel Mandate

Biden heads to Europe, may offer U.S. wheat donation to Ukraine

Canadian Pacific Railway, Union Agree to Arbitration, Ending Work Stoppage
Canadian Pacific Railway, Union Agree to Arbitration, Ending Work Stoppage

WSJ: Ag giants like Cargill have refused to cut ties with Russia, citing humanitarian concerns

U.S. Shipping Costs Surge as China Looks to U.S. for More Corn; Other Factors Cited
U.S. Shipping Costs Surge as China Looks to U.S. for More Corn; Other Factors Cited

Major media now focusing on potential for still higher food prices, surging fertilizer costs

USDA Will Likely Again Boost Food Price Forecasts This Friday
USDA Will Likely Again Boost Food Price Forecasts This Friday

Fed speakers galore this week, including chairman Powell | SCOTUS hearings

NASS to Livestream Briefings to USDA Secretary Beginning March 30
NASS to Livestream Briefings to USDA Secretary Beginning March 30

Biden, Xi talk | Ukraine deputy ag minister details planting woes | Canadian shippers facing disruptions

USDA Late, Again, on Releasing WHIP+ Details
USDA Late, Again, on Releasing WHIP+ Details

Vilsack comments on fertilizer, biofuels while House Ag panel members spar again

Today: Zelensky Addresses Congress and Fed to Hike Rates
Today: Zelensky Addresses Congress and Fed to Hike Rates

Russia and Ukraine: Signs of progress on discussions to stop the war

Oil and Gold Markets Flashing V-Tops
Oil and Gold Markets Flashing V-Tops

Continued signs of U.S. inflation as Tesla again raises prices