U.S. Corn Acreage; Formal Objections to Bayer-Monsanto
U.S. Corn production is larger than one would expect. Sweeping tax bill Congress passed. Bayer merger with Monsanto maybe blocked.
tax cuts
Mixed Reaction Tax Bill; Ethanol Demand in China
Tax reform getting mixed reviews. China announced they would require ethanol blends in ALL fuel by 2020.
South African Beef Imports; New Zealand Dairy Grazing
**Senate Republicans narrowly advanced a sweeping package of business and individual tax cuts after a series of last-minute deals, including a bigger reduction in taxes for farms and other small businesses.
As reported in Agri-Pulse, a new deduction on pass-through business income was increased from 17...
GOP Budget Requires No Farm Bill Cuts; Reducing Wildfires
NAFTA talk moving quickly but, more work to be done. Hearings being held on battling wildfire and tax cuts and farm bill spending.
Subcommittee Rejects Trump Ag Cuts; China Beef Celebration
**The House Appropriations Committee’s agriculture and energy subcommittees approved bills that reject most of the cuts sought by President Trump.
The bill approved by the panel’s ag subcommittee would still cut discretionary spending at USDA, the Food and Drug Administration and the Commodity Futures Trading Commission by $876 million from fiscal 2017 levels...