Latest News From Policy Update

Baltimore Bridge Collapse: Limited Impact on Trade Basis Channel Reopening Timeline
Baltimore Bridge Collapse: Limited Impact on Trade Basis Channel Reopening Timeline

RFK Jr. VP | Dairy cattle bird flu update | John Deere layoffs | Dollar/yen exchange rate 34-year high

Bridge in Baltimore Collapses into River Early Tuesday After Being Hit by Large Containership
Bridge in Baltimore Collapses into River Early Tuesday After Being Hit by Large Containership

Bird flu in U.S. dairy cattle | CEOs meet with Xi | Food prices | Donuts at McDonalds | Gas at $4?

Japan & China Defend Currencies
Japan & China Defend Currencies

EU conducting investigations into major tech companies under Digital Markets Act

Biden Signs Second Spending Package; Congress Departs for Two Week Easter Recess
Biden Signs Second Spending Package; Congress Departs for Two Week Easter Recess

Next up in Congress: Aid for Ukraine & Israel; House farm bill focus in April and/or May

Analysis Begins on GREET Model and 45Z Program Impacts
Analysis Begins on GREET Model and 45Z Program Impacts

FY 2024 funding | Border tensions | Paraguayan beef trade | Labeling of cell-cultured meat & poultry products

Key Issues Addressed by Vilsack at House Ag Appropriations Subcommittee Hearing
Key Issues Addressed by Vilsack at House Ag Appropriations Subcommittee Hearing

WIC | CCC | SNAP | Biofuels, GREET, SAF | China | Farm income | Ag aid | Dairy

Fed Watcher: ‘Major Focus Needs to Be on Growth and Whether Growth Can Hold Up’
Fed Watcher: ‘Major Focus Needs to Be on Growth and Whether Growth Can Hold Up’

FOMC details | Hearing on China | Billions for microchips | Tax bill fate | Second minibus

FOMC Day: Statement, Press Conference, Updated Fed Forecasts Awaited
FOMC Day: Statement, Press Conference, Updated Fed Forecasts Awaited

May be around Memorial Day before details released on House farm bill

New Farm Bill in Slow Lane as Ag Sector Awaits House GOP Plan, with Senate to Follow
New Farm Bill in Slow Lane as Ag Sector Awaits House GOP Plan, with Senate to Follow

Japan makes big moves | Gas prices surging | Food prices hitting Biden | FY 2024 deal

Markets, Traders Coming Around to ‘Higher-for-Longer’ Regarding Interest Rates
Markets, Traders Coming Around to ‘Higher-for-Longer’ Regarding Interest Rates

Big boost for hybrid cars | Oil markets surge | Brazil investigates alleges China trade dumping

Fed Rate Decision, Updated Forecasts and Powell Presser on Wednesday
Fed Rate Decision, Updated Forecasts and Powell Presser on Wednesday

Trump threatens 100% tariffs on Mexican-made cars by China Firms | Lighthizer on tariffs

New ‘Clean Car’ Rule Coming Next Week
New ‘Clean Car’ Rule Coming Next Week

Stabenow nixes GOP farm bill proposal | Bullish sentiment in oil markets

UK, Brazil Focus on New Trade Agreements While U.S. Trade Policy in Holding Pattern
UK, Brazil Focus on New Trade Agreements While U.S. Trade Policy in Holding Pattern

U.S. producer prices above expectations | Farm bill issue festers | Red Sea shipping diversions to linger

Concerns Mount Over Declining U.S. Agricultural Exports and Trade Strategy
Concerns Mount Over Declining U.S. Agricultural Exports and Trade Strategy

Stabenow’s farm bill comments: Out of context, or running out of time?

U.S. Consumer Prices Above Expectations; Core Inflation Eases Slightly; Food Prices Flat
U.S. Consumer Prices Above Expectations; Core Inflation Eases Slightly; Food Prices Flat

Questions escalate why USDA is so much higher than others on size of Brazil soybean crop

India, Four European Countries Reach Trade Pact While U.S. Trade Policy is Stuck in Neutral
India, Four European Countries Reach Trade Pact While U.S. Trade Policy is Stuck in Neutral

Trump defends tariffs, dismisses threat of retaliatory moves; China cancels more SRW wheat

Biden Signs First Package of FY 2024 Spending; To Unveil FY 2025 Proposals Monday
Biden Signs First Package of FY 2024 Spending; To Unveil FY 2025 Proposals Monday

Vilsack at NFU | CPI | Midwest Council on Ag gets $2 mil. | WOTUS rule concerns | Rosendale announces retirement

SOTU Address: Biden’s Campaign Message for Re-election
SOTU Address: Biden’s Campaign Message for Re-election

U.S. job growth totaled 275,000 in February, exceeding expectations | Sugar updates

SOTU Address Tonight: Can Biden Change an Unhappy Nation? Biden Vs Trump Key Tone
SOTU Address Tonight: Can Biden Change an Unhappy Nation? Biden Vs Trump Key Tone

Senate to clear first FY 2024 spending package | China trade | Earmarks | ‘Voluntary’ COOL

Powell: Premature to Expect Interest Rate Cuts in Near Future
Powell: Premature to Expect Interest Rate Cuts in Near Future

Haley exits contest, withholds support for Trump | USDA to update voluntary labeling rules for U.S. meat products; concerns raised by Mexico and Canada

Focus on Fed Chair Powell’s Appearance Before House Panel
Focus on Fed Chair Powell’s Appearance Before House Panel

Super Tuesday | Sinema opts out | Estate tax | SEC climate-risk disclosure rule | Kerry exits | Trump & Iowa

China Releases Budget, GDP and Defense Plans, Comments on Taiwan, in Report
China Releases Budget, GDP and Defense Plans, Comments on Taiwan, in Report

Biden launches ‘strike force’ to tackle pricing practices across various sectors, including food and groceries

Supreme Court to Issue Ruling Today
Supreme Court to Issue Ruling Today

China buys feedgrains, adjusts hog policy | Bayer | NS derailment | OPEC+ | Natgas rallies

Text of Six-Part FY 2024 Funding ‘Minibus’ Released; House Vote Possibly Wednesday
Text of Six-Part FY 2024 Funding ‘Minibus’ Released; House Vote Possibly Wednesday

SCOTUS ruling Monday | SAF details delayed | SOTU address | Super Tuesday | Powell testifies | WASDE | Employment report

EPA, True to Form, Misses Self-Imposed March 1 SAF Credit Detail Announcement
EPA, True to Form, Misses Self-Imposed March 1 SAF Credit Detail Announcement

EPA to unveil new ag/rural community office | WTO doldrums | ADM | JBS | Extreme weather

Fed’s Preferred Inflation Gauge as Expected, Up 0.3% in January from December
Fed’s Preferred Inflation Gauge as Expected, Up 0.3% in January from December

Vilsack on CCC, farmer-safety net, fertilizer, foreign ownership of farmland, Prop 12, Packers & Stockyards Act, other issues

ACE CEO Urges Proper Valuation of Climate-Smart Ag in SAF Assessment
ACE CEO Urges Proper Valuation of Climate-Smart Ag in SAF Assessment

Biden administration SAF details coming by March 1

Stabenow Threatens to Block New Farm Bill Over House GOP Proposals
Stabenow Threatens to Block New Farm Bill Over House GOP Proposals

FY 2024 funding update | Biden protest vote in Michigan | Beyond Meat | Higher swine line speeds until 2025

Key to FY 2024 Issues: Will GOP Release Funding Language Today for Some Agencies
Key to FY 2024 Issues: Will GOP Release Funding Language Today for Some Agencies

U.S./Mexico GMO corn-for-food flap | Kroger-Albertsons merger | Panama Canal | U.S. dollar

Countdown to Shutdown, Part 4: FY 2024 Funding Hurdles Remain Ahead of Tuesday Talks
Countdown to Shutdown, Part 4: FY 2024 Funding Hurdles Remain Ahead of Tuesday Talks

House Speaker Johnson admits funding snags impacting new farm bill timeline

Biden Invites Congressional Leaders to White House on Tuesday Re: FY 2024 Funding
Biden Invites Congressional Leaders to White House on Tuesday Re: FY 2024 Funding

SAF details coming by March 1 | Vilsack testifies Wed. | Senate WRDA hearing | WTO ministerial meeting

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