Front Door Attack The recently enacted omnibus spending bill included $2.5 million to support a “White House Conference on Food, Nutrition, Hunger and Health.” The provision is notable for the following reasons:
It is rushed to be held in 2022, perhaps with mid-term elections in mind. It is to be led by the Department of Health and Human Services, and not USDA. It was pushed by Senator Cory Booker (D-New Jersey), a vegetarian and avowed opponent of Big Ag. The goal is to spark major policy changes.
U.S. agricultural commodity groups are accustomed to playing defense and can point to past successes against other fora with similarly biased foundations, such as last year’s UN Food Systems Summit. However, it r...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...