Policy & Politics

Vilsack Directs USDA to Revise Climate Change Model

Published Dec. 29, 2009

Agriculture Secretary Tom Vilsack has directed the Agriculture Department to revise a computerized forecasting model that showed that climate legislation passed by the House would make planting trees more lucrative than producing food, according to the Washington Times.

Hong Kong Is Fastest Growing Export Market

Published Dec. 30, 2009

Hong Kong is the fourth-largest market for U.S. food and beverage exports, which have grown by 15 percent this year. This represents the fastest growth among all export markets globally, according to a report by USDA’S Foreign Agricultural Service.

Vilsack Confident Congress Will Act on Biodiesel Tax Incentive

Published Dec. 30, 2009

Agriculture Secretary Tom Vilsack says he’s confident Congress will act early in the new year to extend the tax incentive for soy biodiesel, according to Brownfield. “We’re obviously encouraged by comments from congressional leaders that it’s their intention to take this matter—the tax extenders...

Producers Benefit More from ACRE than Price-Based Programs

Published Dec. 30, 2009

A report released Tuesday by USDA’s Economic Research Service on the Average Crop Revenue Election (ACRE) program suggests that for 2009-2012, producers of corn, soybeans, wheat and rice are likely to benefit more from the ACRE program than from the price-based...

Editorial Warns of Higher Food Prices due to Climate Bill

Published Dec. 31, 2009

An editorial in today’s Investor’s Business Daily rallied against climate change legislation, stressing that consumers will pay higher food prices due to increased farming costs. “If the cap-and-trade provisions of the Waxman-Markey bill become law, you can wave goodbye to those amber waves...