European Union Trade Commissioner Cecilia Malmstrom is continuing to petition the United States for exemptions to the upcoming steel and aluminum tariffs. Politico quotes her as saying the tariffs will shake the transatlantic relationship between the countries if they go into effect. She told Commerce Secretary Wilbur Ross during a phone call that the EU “as a close security ally …
Rural Mainstreet Index Remains Positive
Dodd-Frank Limits Lending for Most Rural Banks March Survey Results at a Glance: * For a second straight month the overall index rose above growth neutral. * Approximately 16.8 percent of grain farmers are expected to suffer negative cash flow for 2018. This is down slightly from 12 months earlier. * The percent of farmland purchases for cash (not financed) declined …
USDA Announces Regionalization Agreement with South Korea
Help Protect U.S. Trade During HPAI Detections The United States Department of Agriculture (USDA) announced an agreement with the government of South Korea that significantly reduces negative impacts on trade should another detection of highly pathogenic avian influenza (HPAI) occur in the United States. The agreement will allow for trade restrictions at the state level instead of the country level …
Deadline Approaching in Southeast for SBA Working Loans
Alabama SBA Working Capital Loans The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that April 16 is the filing deadline for federal economic injury disaster loans in Alabama as a result of the rainfall, wind, flooding, flash flooding and Tropical Storm Cindy from May 1 through …
Rural Prosperity Still as Important as Ever
Across America, more sincere attention is being focused on rural development and prosperity than at any other time I, or anyone I know, can remember. The Trump Administration is taking steps with infrastructure and USDA programming to nurture future greatness across the entirety of the fruited plain. I salute the President’s efforts. However, initiatives like this require extensive research and …
House Farm Bill Markup Delayed
Disagreements among the House Agriculture Committee members regarding the nutrition title are stalling movement on the farm bill. Committee Chairman Mike Conaway of Texas says there will not be a farm bill markup next week, citing the committee’s progress in “negotiating to a yes” from both Republicans and Democrats. Conaway and House Democrats are in conflict over the way the …
Mexico Seeks Closing Seven NAFTA Chapters in Next Round
Trade officials in Mexico say they hope to close seven chapters in the next round of North American Free Trade Agreement (NAFTA) Talks, planned for Washington, D.C. next month. Mexico trade officials told Politico the goal of the next round is to close seven chapters that are 90 percent complete and include telecommunications, digital trade, technical barriers to trade, energy, …
House Lawmakers Introduce Bipartisan STRESS Act to Help Farmers
Lawmakers in the House this week introduced legislation to provide farmers with stress assistance programs. The Stemming the Tide of Rural Economic Stress and Suicide, or STRESS Act, seeks to make mental health treatment more available for farmers, ranchers and agricultural workers. The legislation was introduced by Minnesota Representative Tom Emmer, along with lawmakers from Wisconsin, Iowa and Illinois, and …
House Follows Senate, Introduces Emission Reporting Exemption
The U.S. House, following Senate action, has introduced a bill to stop an unintended regulation of farms. Introduced this week, ACRE, the Agricultural Certainty for Reporting Emissions Act, would avoid unnecessary environmental reporting for farmers and ranchers. The Senate version of the bill, the Fair Agricultural Reporting Method, or FARM Act, would do the same. Under current regulations, approximately 200,000 …
Cranberries Targeted by EU in Trade Spat
The European Union classifies cranberries as a retaliation target in response to President Trump’s steel and aluminum tariffs. Bloomberg reports cranberries are among a basket of all-American goods, from peanut butter to bourbon whiskey and Harley Davidson motorbikes, singled out by the European Union. A lawmaker from Wisconsin says U.S. dairy is on the list as well, though the official …