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: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...