Economist warns plan will ‘destroy’ post-1945 trade order; president-elect says it would rebuild U.S. manufacturing base
WASHINGTON, D.C. (Reuters) — Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump, who won last week’s presidential election, makes good on a vow to swiftly impose a 60 per cent tariff on Chinese goods and at least a 10 per cent levy on all other imports. It could […] Read moreTag Archives National Corn Growers Association
Chinese trade tensions worry U.S. agriculture
SASKATOON — There is plenty of handwringing in the U.S. agriculture sector about its tenuous trade relationship with China. That was the theme of a recent webinar hosted by the Council on Food, Agricultural and Resource Economics. Related stories: • New trade war would slash U.S. exports: report • China threat on canola unpalatable, not […] Read more
‘New U.S.-China trade war could cost farmers billions’
Let’s pause to consider the-above headline. First, it’s a quote; I didn’t write it. That’s important because the third rail of today’s ag journalism — the deadly, high voltage topic that can burn your career — is Donald J. Trump. Question a Trump-related topic such as tax cuts, tariffs or immigration and you’re quickly tagged […] Read more
New trade war would slash U.S. exports: report
Canola would be the Canadian crop most directly affected by a trade war because of its link with U.S. soybean prices
SASKATOON — Grain and oilseed prices would fall if a new trade war erupted between the United States and China, according to a new report. The American Soybean Association and National Corn Growers Association sponsored the report prepared by World Agricultural Economic and Environmental Services. Related stories: The groups said there has been “considerable discussion” […] Read more
Lawmakers urged to pass U.S. farm bill
REUTERS — More than 300 U.S. farm and commodity groups urged Congress in a letter last week to pass a long-delayed farm spending bill before the end of the year as farmers face a projected decline in income. The farm bill, an omnibus package passed every five years, funds farm commodity and subsidy programs, as […] Read more
N. American farm groups ask gov’ts to act on rail dispute
CHICAGO/OTTAWA (Reuters) — Nearly three dozen North American agriculture groups, in a joint letter to the U.S. and Canadian governments, urged action today to avoid a rail stoppage. “The impact of a strike would be particularly severe on bulk commodity exporters in both Canada and the United States as trucking is not a viable option […] Read more
U.S. farm groups sue EPA over vehicle emissions
Canada has committed to a goal in which all new vehicle sales in the country will be zero emission by 2035
WINNIPEG — U.S. farm groups are suing the Environmental Protection Agency, claiming its policy on electric vehicles picks “one tool for fighting climate change over others.” On June 13 the American Farm Bureau Federation, the National Corn Growers Association, the American Petroleum Institute and a group of car dealers filed a lawsuit in the D.C. […] Read more
Little ethanol to qualify for aviation fuel credit
U.S. program will require that feedstock be grown using three practices, which many farmers won’t be able to follow
REUTERS — Little to no ethanol will qualify for U.S. sustainable aviation fuel subsidies under a new pilot program by president Joe Biden’s administration, according to a Reuters review of government data and people familiar with the matter. The pilot program toughened climate requirements at the last minute and could hurt the biofuel industry, which […] Read more
Canola feels there is room for improvement in U.S. SAF tax credit
The industry plans to continue lobbying the U.S. government for better access to the sustainable aviation fuel program
SASKATOON — Canada’s canola industry had a mixed reaction to new sustainable aviation fuel tax credit guidelines coming out of the United States. The good news is that canola-based SAF qualifies for the base blender’s credit of US$1.25 per gallon because it was previously approved by the U.S. Environmental Protection Agency as an eligible feedstock. […] Read more
U.S. corn growers await aviation fuel decision
HOUSTON, Texas — American corn growers are on pins and needles waiting to find out if corn ethanol will qualify for a lucrative sustainable aviation fuel tax credit. They expected an announcement at last week’s 2024 Commodity Classic convention, the annual gathering of U.S. corn, soybean, wheat and sorghum growers. But that didn’t happen. U.S. […] Read more
