On Tuesday, WPI reported that the omnibus appropriations bill included the Growing Climate Solutions Act, prior to farm bill consideration. The legislation is designed to help create carbon markets and support farmers directly accessing those markets based on USDA’s technical assistance and certification. The concept is not unlike the Ag Marketing Service’s Process Verified Program (PVP). Since one of the marquee issues – sustainability and carbon reduction – of the farm bill debate is seemingly addressed by this program, following is a summary of what the legislation would do. It directs USDA and the Environmental Protection Agency (EPA) to produce a study to:
Determine how voluntary carbon markets oper...
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...
