Federal officials are out this morning with a new safety plan for U.S. agriculture.
Ag Secretary Brooke Rollins unveiled the agenda earlier today as part of her Make Agriculture Great Again Initiative.
Part of USDA’s new safety plan includes blocking purchases of U.S. farmland by foreign adversaries.
Secretary Rollins says that they are preparing to crack down, starting with foreign operations already in the U.S., like Syngenta and Smithfield Foods.
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Rising government payments are helping offset higher production costs as inflation-adjusted farm income declines.
USDA researchers say the method could also produce healthier males for release in the field.
Stronger mill use is providing a boost for extra-long-staple cotton demand, though overall volumes remain limited.
Lower beef and pork inventories point to tighter supplies, while growing turkey stocks could add pressure heading into fall.
Farm Bureau economist Dr. Faith Parum says year-round E15, higher renewable fuel standards, and expanded trade could boost demand for American agricultural products.
The House also passed a stopgap spending bill to keep the government funded through Dec. 11.