Biden administration following USMCA regarding Canada dairy

IARN — Last month, the U.S. Trade Representative’s office initiated the second U.S.-Mexico-Canada Agreement dispute regarding Canadian dairy tariff-rate quota policies. The U.S. is requesting dispute settlement consultations regarding Canada’s dairy tariff-rate quota (TRQ) allocation measures. The TRQs deny allocation access to eligible applicants, including retailers, food service operators, and other types of importers, and impose new conditions on the allocation and use of the TRQs. U.S. Representative Ron Kind (D-WI) said it’s a matter of getting Canada to comply with the terms of the USMCA. Read more

Farm groups tell SEC to stick to Wall Street, not Main Street

IARN — The Securities and Exchange Commission (SEC) has proposed a rule regarding climate disclosures that could affect every farmer and rancher in the United States, even though they aren’t publicly traded entities. The proposed rule affects climate reporting and carbon emissions of large companies who trade in the marketplace. Several Ag groups sent comments to the SEC last week with their concerns and recommendations. Read more

NPPC praise Biden administration

IARN — The Biden administration, international trading partners and business groups representing the full scope of the U.S. economy, among others, filed amicus briefs in support of the National Pork Producers Council ahead of the Supreme Court case to review California’s Proposition 12. The state law seeks to ban the sale of pork from pigs that do not meet the state’s arbitrary production standards, including pork from pigs raised on farms outside of California. Read more

Republican leaders introduce new Act for the Ag community

IARN — Last week, the Reducing Farm Input Costs and Carriers to Production Act was introduced by Republican leaders from the Agriculture and Budget Committees. Chair of the Western Caucus, Dan Newhouse, says the legislation will protect and promote American agriculture. One way they will do this is by reversing the Biden Administration’s regulatory barriers to domestic production while continuing to provide immediate relief to farmers and families across the country. Read more

High fuel prices & inflation affecting Rural Mainstreet Index

IARN — This economy is wrapping its tentacles around every facet of our lives. It affects everybody differently, but it affects everybody, urban and rural alike. The latest Rural Mainstreet Index was just released from Creighton University, and the numbers aren’t much to write home about. Read more