USMCA Dispute Panel Limits Canadian Market Access
ARLINGTON, VA – Today’s ruling by a U.S-Mexico-Canada Agreement (USMCA) dispute panel allowing Canada to restrict the dairy access that the United States negotiated for in the USMCA pact weakens the agreement’s value to the US dairy industry, according to the
USMCA Dispute Panel Again Fails to Defend U.S. Dairy Trade Rights
WASHINGTON, Nov. 24, 2023—In a surprising setback for U.S. dairy, the U.S.-Mexico-Canada Agreement (USMCA) dispute settlement panel upheld Canada’s manipulative dairy quota administration practices, leaving U.S. dairy exporters struggling to realize the market access granted in the trade
Most States Saw Growth in Net Farm Income During 2022
The U.S. saw growth of almost 31 percent in net farm income from 2021 through 2022. NFI is a broad measure of farm sector profitability. Researchers with USDA’s Economic Research Service used data from the Farm Income
Study Proves U.S. Corn Superiority
The U.S. Grains Council released its second annual Corn Origins Report, which explores the performance of U.S. corn against corn from other countries in poultry diets. U.S., Argentinian, and Brazilian corn samples were collected from an international
Soybean Growers Greatly Concerned Over EPA Pesticide Proposal
The EPA’s latest proposal to restrict pesticide use is causing alarm among soybean growers. The American Soybean Association’s Chief Economist Scott Gerlt says the Environmental Protection Agency’s proposed pilot to protect endangered species well before years’-long reviews
Minneapolis Fed Releases Third Quarter Survey Results
Heading into harvest in the Minneapolis Federal Reserve Banks’ District, farmers faced lower incomes because of falling commodity prices and rising production costs. A third-quarter survey of ag bankers showed that while incomes fell, the decline wasn’t
Farmers and Ranchers Will Pay More for H-2A Labor in 2024
The USDA says farmers who hire H-2A laborers next year will be paying higher wages, and in some cases, the increase is large. Veronica Nigh, senior economist with the American Farm Bureau Federation, talks about the increasing
Horizon Organic Suspends Milk from Texas Farm
Danone’s Horizon Organic brand says it has suspended all sourcing of milk from Texas supplier Lone Star Organic Dairy. The move comes after People for the Ethical Treatment of Animals released a whistleblower’s report appearing to show
Deere Fourth-Quarter Sales Drop Slightly
Deere & Co. sales in the fourth quarter of fiscal year 2023 fell year-over-year, though the earnings per share did increase. The company says in a report that revenue in the three months ending on September 30