Senator Ted Cruz will get his meeting with President Donald Trump regarding biofuels. Reuters reports that Trump has agreed to meet with Cruz and representatives from the oil refining industry …
Senate Tax Bill Doesn’t Include Section 199 Deductions
The Senate tax bill passed over the weekend does not include a deduction that farm cooperatives lobbied to keep in the tax reform package. The National Council of Farmer Cooperatives …
Korea Submitting Plan to Renegotiate KORUS
South Korea trade officials announced Monday the government will submit a plan to renegotiate the U.S.-Korea Free Trade Agreement (KORUS) to the nation’s National Assembly government body. South Korea’s Trade …
USDA Delays the Puerto Rico Census of Agriculture
The U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) is delaying the Puerto Rico Census of Agriculture until December 2018 due to conditions caused by Hurricane Maria. NASS …
General Mills Contributes to National Wheat Foundation
General Mills has sent a contribution of $735,000 to the National Wheat Foundation. The funds are earmarked for the foundation to work with the Soul Health Partnership to advance adoption …
Grain Elevator Profit Margins Could Increase in 2018
A new report from CoBank says 2018 could bring an increase in profit margins for grain elevators. The report cites a weak harvest basis, along with low transportation rates, and …
USGC, NCGA Reiterate Support for KORUS, NAFTA
Leadership from the U.S. Grains Council (USGC) and National Corn Growers Association (NCGA) last week spent time in South Korea and Mexico to talk trade. The two organizations met with …
NAFTA May be Nearing Breaking Point
Forbes speculates that the North American Free Trade Agreement (NAFTA) negotiations may be reaching a breaking point. Little progress has been made in previous talks as the U.S. continues to …
Farmers Commend Senate Action on Tax Reform
The following may be attributed to American Farm Bureau Federation President Zippy Duvall: “Farmers and ranchers have long called for a fair tax code that recognizes our hard work as …
Perdue: U.S. Farm Exports to Continue Strong in FY 2018
Secretary of Agriculture Sonny Perdue issued the following statement regarding the latest U.S. Department of Agriculture (USDA) export forecast. “This quarterly trade forecast reflects the fact that U.S. agricultural exports …
GAO: Improvements Recommended to Checkoff Oversight
The Government Accountability Office (GAO) is recommending several changes to improve oversight of commodity checkoff programs. The recommendations include instituting a better review of subcontracts and display of key documents …
Farm Profits Expected to Stabilize
Following years of decline, net farm income in 2017 for the U.S. farm sector as a whole is forecast to be relatively unchanged at $63.2 billion in inflation-adjusted terms. The …
Crawford Renews Calls to Open Ag Trade with Cuba
Arkansas Representative Rick Crawford is renewing his call to open agricultural trade with Cuba. The Republican says his proposal is an alternative to repealing the Cuban trade embargo, allowing the …
South Korea To Hold KORUS Public Hearing
South Korea will hold a second public meeting regarding the U.S.-Korea Free Trade Agreement, known as KORUS. The meeting was announced after the first public meeting was disrupted by angry …