The Biden administration on June 1 will announce $2.1 billion in new funding to bolster food supply chains, including initiatives to expand small- and midsized processing plants, according to a U.S. Department of Agriculture official.
Author: Mike Dorning
Biden to Take Infrastructure Agenda to Rural US
American agriculture is on track for one of its best years this century as soaring exports to China boost corn, soybean and wheat prices.
2021 Farm Exports to China Will Approach Record
The value of U.S. farm exports to China will touch $31.5 billion in the federal fiscal year ending Sept. 30, the highest ever, the U.S. Agriculture Department said Feb. 18 in a report.
Farms Face Long-Term Losses From Trump Trade War, Group Warns
U.S. farmers and agribusinesses face a rising threat of long-term losses in export sales as President Donald Trump’s trade war with China continues, Boston Consulting Group warned in a report.
Majority of Trade Aid Went to Biggest Farms, Study Finds
More than half of the Trump administration’s trade war aid for farmers went to just 10% of the recipients in the program, according to analysis of payments by an environmental organization.
Pork Producers Urge Trump to Reverse on Mexico Tariffs
The U.S. National Pork Producers Council urged President Donald Trump to reverse his decision to impose new tariffs on Mexico over illegal immigration.
Farmers Fear China Trade Deal Will Fail to Erase Retaliatory Tariffs
Some U.S. farm groups fear that President Donald Trump’s terms for easing his trade war with China risk leaving large swaths of American agriculture worse off than before the conflict began.