The House of Representatives passed the bipartisan infrastructure bill late Friday; the legislation had already passed the Senate in August, so the package will go to the President’s desk to be signed into law. The just passed bill includes several provisions of interest to agriculture:
$2 billion in appropriated money for the USDA Rural Development/Rural Utilities Service for rural broadband, and $65 billion overall for the Department of Commerce for broadband development with certain incentives for rural areas
$918 million for additional research initiatives at NIFA
$17 billion dedicated to ports and inland waterways upgrades and maintenance
The bill also includes some “regular order” reauthorization...
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...
