Despite the concerns he brings to the U.S. agriculture sector on the issue of trade generally and NAFTA specifically, President Donald Trump was warmly received today at the American Farm Bureau’s annual convention. Indeed, except for trade uncertainty, this president has delivered everything the sector has wanted such as the following:
Deregulation, including ditching the rule on regulating wet areas on private farms Tax reform, including both reduced inheritance taxes and tax credits for new equipment purchases Endorsement of a new farm bill, including continuation of the very popular crop insurance program Increased attention to rural issues from broadband internet to infrastructure to attacking the opioid crisis
The presi...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
