Latest News From Policy Updates

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

House Ag Chair Thompson wants to fast track farm bill for 2024 passage
House Ag Chair Thompson wants to fast track farm bill for 2024 passage

Senate Ag Chair Debbie Stabenow crafting crop insurance plan with tough choices for farmers.

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

Impacts Mount from Red Sea Shipping End-Arounds
Impacts Mount from Red Sea Shipping End-Arounds

Biden extends suspension of Trump-era tariffs on European steel and aluminum | Mexican and U.S. officials announce border collaboration

Whatever Happened to Black Sea Trade Agreement?
Whatever Happened to Black Sea Trade Agreement?

Dollar faces backlash in oil market | SPR update | Beer sales plummet | Internet of cows

Michigan Supreme Court Keeps Trump on 2024 Primary Ballot
Michigan Supreme Court Keeps Trump on 2024 Primary Ballot

Biden admin officials in Mexico re: border issues

China Clears Licenses for GMO Corn and Soybean Production
China Clears Licenses for GMO Corn and Soybean Production

Xi says Taiwan reunification will ‘surely’ happen | Massachusetts seeks dismissal of Q3 animal welfare law challenge

U.S. Airstrikes in Iraq Target Kataib Hezbollah After Attack on U.S. Troops
U.S. Airstrikes in Iraq Target Kataib Hezbollah After Attack on U.S. Troops

Congress on holiday break | U.S. railroad crossings at the Mexico border reopened

PCE Inflation Slows More Than Expected; 3.2% Annual Rate in November
PCE Inflation Slows More Than Expected; 3.2% Annual Rate in November

Exclusive AgriTalk Q&A with presidential hopeful Ron DeSantis

USDA Sees Food Price Inflation at 1.2% in 2024 for All Foods, Down From 2.9% in November
USDA Sees Food Price Inflation at 1.2% in 2024 for All Foods, Down From 2.9% in November

Restaurant prices expected to increase 4.9%, up from 4.3% in November

What Xi Told Biden About Taiwan at San Francisco Confab
What Xi Told Biden About Taiwan at San Francisco Confab

Trump barred from Colorado’s 2024 ballot | Ag, rail groups push to reopen U.S./Mexico bridges | EPA allows chlorpyrifos use

Shipping Crisis in Red Sea Threatens World Trade
Shipping Crisis in Red Sea Threatens World Trade

European-Asia shipping rates soar | Houthi rebels in Yemen continue to attack ships | Rerouting of cargo and tanker ships

More Companies Announce Halt to Shipments Passing Through Red Sea
More Companies Announce Halt to Shipments Passing Through Red Sea

Jones Act repeal pushed | Nippon Steel to acquire U.S. Steel | Drought slows Brazilian fertilizer demand | PARP

Senate Negotiators Fail to Reach Agreement on Border/Ukraine Aid Talks
Senate Negotiators Fail to Reach Agreement on Border/Ukraine Aid Talks

Odds sinking for farm bill completion in early 2024 | Shipping woes in Red Sea/Suez Canal

Biden Administration Sets Use of GREET Model for SAF Credits, Full Details in March
Biden Administration Sets Use of GREET Model for SAF Credits, Full Details in March

Senate stays in session on some progress re: Ukraine aid/border talks

Ethanol Plant
Updated GREET model to be used for SAF credits

The Biden administration will use the GREET model for determining SAF credits, but will update the methodology by March 1.

House Select Panel on China Issues Recommendations; Trade War is Possible Ahead
House Select Panel on China Issues Recommendations; Trade War is Possible Ahead

FOMC | Big changes in Argentina | Sugar tariffs | COP28 agreement… with loopholes | SAF

U.S. Farm Groups Fret Possible House Move Against China Will Impact Ag Trade Ahead
U.S. Farm Groups Fret Possible House Move Against China Will Impact Ag Trade Ahead

HPAI in Ohio 'mega-flock,' 8 million birds depopulated | More disaster aid in 2024 | SAF guidance | Inflation better than expected

Vilsack Reveals Final COP28 Declaration Will Not Focus on Agriculture and Food
Vilsack Reveals Final COP28 Declaration Will Not Focus on Agriculture and Food

Macy’s receives buyout bid | Commentary says ‘tariffs are for losers’ | Chinese pork prices tumbled last week