Last week, President Biden unveiled a major $2 trillion infrastructure package, the American Jobs Plan. From agriculture’s perspective, the plan is a mixed bag, but mostly positive proposals in terms of infrastructure upgrades. Inland waterways, ports, and in-land ports of entry would receive $17 billion in funding for upgrades; Rural broadband – and the adoption of ag tech which depends on broadband – would benefit from the $100 billion in funding for broadband connectivity; Roads and bridges would receive $115 billion in funding for upgrades, starting with the “most economically significant large bridges in the country in need of reconstruction” and include “the worst 10,000 smaller bridg...

TAGS – Biofuels, North America, Macroeconomics