12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
As key U.S. bulk ag commodities lose value, there are knock-on effects in organic markets. Producers looking to maximize their returns per acre may abandon plans for organic crops like soybeans, where a yield ceiling can make them less competitive than conventional beans. Soybean oil markets have contributed to declining prices across the entire soybean complex, both conventional and organic.
A growing market is developing at the southern border in the wake of Mexico’s GMO corn restrictions. State policy always has the potential to spawn massive markets, creating lasting demand for the products that ensure compliance. Mexican non-GMO markets could benefit U.S. farmers, but U.S. policy has been squarely against any restrictions on U.S. corn exports.
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