The UN’s Food and Agriculture Organization’s Food Price Index averaged 121.4 points in August, a 2.6-point drop from July, reversing the rebound registered that month.
Building on a robust first half of the year, July pork exports continue to outpace 2022 levels. The U.S. and India resolved their last outstanding dispute at the World Trade Organization.
The Golden State has become a leader in harnessing “Cow Power” to produce renewable fuels and other clean energy. California farmers purchase the most Federal Crop Insurance for Specialty Crops.
USDA data compiled by the U.S. Meat Export Federation shows BEEF exports were slightly above last August’s large volumes, again surpassing $1 billion in value.
The United Nation’s Food and Agriculture Organization says its Food Price Index set a record in March. The index averaged 159.3 points, up almost 18 points from February.
**Renewable Fuels Association president Bob Dinneen says if Brazil imposes tariffs on U.S. ethanol, it would have a chilling impact and prices here would likely go down as the U.S. scrambles to find new markets.
He tells Brownfield the proposed 17 percent tariff on all imported ethanol would ultimately do most harm to the citizens of Brazil because it would drive up their fuel prices...
* The U.S. and Mexico announced a preliminary agreement on a new system to regulate the flow of Mexican sugar into the U.S., but the U.S. sugar refiners and farmers are not supporting the deal.
Commerce Secretary Wilbur Ross says the Mexican side agreed to nearly every request made by the U...
**A growing concern among U.S. lawmakers and food manufacturers that they’ll see the price of sugar go up if the sugar refining industry gets what it’s demanding from Mexico.
A group of 51 House members has signed onto a letter to Commerce Secretary Wilbur Ross not to go through with some proposals like raising the floor price for raw and refined sugar and funneling some raw sugar imports directly
**The U.S. seems to have the upper hand in the sugar dispute with Mexico because, according to industry officials, its refiners would be happy to get their needed imports from elsewhere.
The U.S. is demanding Mexico agree to a new suspension agreement that limits the amount of Mexican sugar exports in return for U...