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Category Archives: Agriculture News
Death Taxes Threaten Farm Families
Many provisions in the 2017 Tax Cuts and Jobs Act are set to expire this year. The American Farm Bureau says that adds a big task to the Congressional to-do list including an update to the tax code. Many of those expiring provisions provide important relief for farm families. AFBF Associate Economist Samantha Ayoub says…… MORE
Farm Bankruptcies Climbing in 2025
Farm bankruptcies grew 55% from 2023 to 2024 and are trending even higher this year. Farmers are continuing to struggle with low prices for their agricultural commodities and the high costs of inputs needed to grow those crops. Bloomberg says unpredictable tariffs, immigration overhauls, federal programs being cut, and frozen USDA funding are now part…… MORE
Restoring American Shipbuilding
The Office of the U.S. Trade Representative took targeted action to restore American shipbuilding and address China’s acts, policies, and practices to dominate maritime, logistics, and shipbuilding sectors. These actions come after a year-long Section 301 investigation. “Ships and shipping are vital to American economic security and the free flow of commerce,” says USTR Jamieson…… MORE
The Ag Center Commodity Report for April 22nd
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Ocean Rates See Uptick Amid Tariff Turmoil
Ocean container rates from Asia to North America saw a slight uptick earlier this month, as the Trump administration’s tariff-driven trade strategy impacted global markets, according to industry insiders. Rates from Asia to the U.S. West Coast were up 10% week over week to $2,465 per forty-foot equivalent unit, per an April 16th market update.…… MORE
Breakthrough in Fake Meat Production
Researchers in Japan have produced nugget-sized chunks of chicken using animal cells, signaling a breakthrough in lab-grown food production. Lab-grown or cell-cultivated meat has been around for over a decade, offering an animal-based protein option that does not derive from slaughtered animals. Previous attempts at lab-grown chicken have been made with cells taken from living…… MORE
The Ag Center Commodity Report for Thursday, April 17th
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Commerce Department to Reinstate Tariffs on Mexican Tomatoes
The U.S. Department of Commerce intends to withdraw from the 2019 Agreement Suspending the Antidumping Investigation on Fresh Tomatoes from Mexico. Termination of the agreement will be in 90 days. The Commerce Department says the agreement failed to protect U.S. tomato growers from unfairly priced Mexican imports. Commerce has been flooded with comments from American…… MORE
The Ag Center Commodity Report for Tuesday, April 15th
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