Foreign investment in U.S. ag land is a big topic. Based on 2021 data, USDA shows over 40 million acres of American ag lands are owned by foreign investors, or 3.1% of all privately held ag land and 1.8% of all U.S. land.
Lawmakers announce the reintroduction of the Adopt GREET Act, a bipartisan bill directing the EPA to update its greenhouse gas modeling for ethanol and biodiesel.
Republican Senators John Boozman, John Thune and Mitch McConnell are leading an effort to permanently repeal the federal estate tax, better known as the “death tax.”
“During the first three quarters of 2022, U.S. beef exports to Korea, Japan, China/Hong Kong, and Taiwan, were a record $6.6 billion,” a a 22% increase.
USDA is forecasting an agricultural trade deficit in 2023, but while deficits have happened before, the agency has never forecast one in advance until this year.
Ag groups argued before the Eighth Circuit Court of Appeals in Washington, D.C., about chlorpyrifos, asking the court to reinstate chlorpyrifos tolerances that the EPA has found safe.