In a speech on Thursday, new U.S. Trade Representative Katherine Tai
emphasized that the Biden administration will make climate change and other
environmental topics a key part of trade negotiations going forward. Tai
pointed to efforts at USDA to develop climate-smart agricultural practices. She
said those could become "the new global standard" for agriculture.
7^Ambassador Puts Climate on Trade Agenda
April planting prospects have been aided by welcome rains for many, even
as drought deepens in the Northern Plains and Western U.S.
=^DTN Field Roundup
A three-judge panel of U.S. Court of Appeals for the Ninth Circuit
entertained oral arguments in a case believed by hog industry officials to have
far-reaching effects.
4^Ag Groups Make Case v. Proposition 12
Average retail prices for anhydrous, UAN28 and UAN32 increased 10% to 11%
the first week of April, while the price of the other five fertilizers tracked
by DTN increased by less significant amounts.
BDTN Retail Fertilizer Trends
With drought conditions expected to remain at least throughout the summer
months, it wouldn't be surprising to see 2021's beef cow slaughter numbers rise
as producers wrestle with rising input costs and the longing to keep their
cows. This not only has implications on the nation's beef herd, but it also
could be a thorn that develops in the fat cattle market's quest for sharply
higher prices.
BCall the Market
Eight states told the Supreme Court on Wednesday that small-refinery exemptions to the Renewable Fuel Standard reduced the mandate by an average of 7% each year, causing more than $2 billion in lost demand for renewable fuel each year.