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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Weaker U.S. dairy prices come as value-added exports expand and ingredient inventories tighten, creating mixed market signals for producers.
While the agriculture industry hoped details on proposed “bridge” payments for farmers would be released this week, Ag Secretary Brook Rollins said the USDA is still working with the White House on the finer points.
China’s renewed purchases signal improving sorghum demand at a time when export markets are otherwise uneven. Meanwhile, agriculture groups across the U.S, Canada, and Mexico want to protect close trade relations.
Pressure on grain storage capacity and stronger export positioning are pushing more grain onto railroads, highways, and river systems as logistics become a key bottleneck this fall.
Despite the need for swift action, many ag lawmakers and industry groups argue that farm aid alone will likely not be sufficient to help farmers without improved trade relations with China.
