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Farm Bill Hurdles

Beyond overcoming political differences, every part of the farm bill comes with a price tag “There’s little additional money to spend on the farm bill,” says Jim Wiesemeyer, Washington policy analyst for Pro Farmer and Farm Journal. “That’s why everyone is saying the farm bill will be evolutionary rather than revolutionary.” Wiesemeyer and Pat Westhoff, director of the Food and Agricultural Policy Research Institute at the University of Missouri, share the following political obstacles: 1. SNAP: The Supplemental Nutrition Assistance Program (SNAP)...

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Iowa Farmland Values Post 3% 6-Month Gain

The average value of an acre of Iowa farmland is $6,951, which is a 2.9% increase for the six-month period ending March 1. That’s according to the twice-yearly survey conducted by the Iowa Chapter of the Realtors Land Institute (RLI). Coupled with the previous six-month gain reported by RLI in September, an average acre of Iowa farmland increased nearly 5% for the year ending March 1. The annual increase ends the four-year decline in farmland values since their March 2013 high....

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Trump May Shield Farmers from Tariffs with Direct Payments

To shield farmers from feeling the brunt of China's tariff action, the Trump administration is considering direct payments through the Commodity Credit Corporation analysts say. In tit for tat action between President Trump and China's President Xi on Thursday night, President Trump announced that he is considering another $100 billion of additional tariffs against China. "Rather than remedy its misconduct, China has chosen to harm our farmers and manufacturers. In light of China's unfair retaliation, I have instructed the USTR to consider...

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Lack of Inspection at Texas Meat Packer Forces Beef Recall

A meat packer in Texas has been forced to recall more than 7,000 lb. of raw beef after it was produced and packaged without being federally inspected. According to the U.S. Department of Agriculture's (USDA) Food Safety and Inspection Service (FSIS), frozen and fresh beef produced at PFP Enterprises, also known as Texas Meat Packers, in Fort Worth, Texas, on March 23-24 was not federally inspected. The products included pre-seasoned beef for fajitas, beef skirt diced for tacos and beef flank steak...

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US Sends Next Volley in Trade Dispute

The U.S. is taking the next step to levy $50 billion worth of tariffs on Chinese imports to protest alleged technology theft. Late Tuesday the Office of the U.S. Trade Representative (USTR) published a proposed list of products imported from China that could be subject to additional tariffs. The proposed list covers 1,300 products from such industries as aerospace, information and communication technology, robotics, and machinery. Some of that machinery includes agriculture equipment. In March President Trump announced that the United States...

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