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Congress will have increased oversight over the president’s latest tariffs

Congress will have increased oversight over the president’s latest tariffs

The U.S. Supreme Court recently ruled 6–3 that IEEPA (International Emergency Economic Powers Act) does not authorize the president to impose tariffs. This invalidates all tariffs based solely on IEEPA. Following the ruling the administration pivoted to Section 122 tariffs via the Trade Act of 1974. Section 122 of the Trade Act of 1974 authorizes the president to impose temporary import surcharges up to 15%. President Trump has since enacted a 15% global tariff. United States Senator Chuck...

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Ethanol production rises after six consecutive weekly declines

Ethanol production rises after six consecutive weekly declines

The Energy Information Administration says U.S. ethanol output increased for the first time in six weeks while inventories dropped slightly. During the week ending on July 15, production rose to an average of 1.03 million barrels a day. The EIA report says that?s up...

Agritourism app on the way to provide education

Agritourism app on the way to provide education

Telling the story of American Agriculture has been necessary for years, especially as we have become more connected on the internet. False information is spouted as truthful data, and consumers don?t know what to think. It has taken some time to find producers and...

House-passed bill for food & fuel costs awaits Senate action

House-passed bill for food & fuel costs awaits Senate action

It is no secret that we have been having supply difficulties since the COVID-19 pandemic started. We also have geopolitical issues that are interrupting our supply chains and putting everybody, not just agriculture, in a rough spot.In Agriculture we are looking at...

International trips are important for promoting pork

During international trips focused on the pork industry?s international market development strategy, pork producers have the opportunity to experience other countries and cultures firsthand. It is also an important opportunity for real-world input on U.S. Pork. Their...

U.S. Export Sales Report (7-21-22)

This week?s report was mostly neutral. New crop sales are performing at a great pace, but old crop isn?t doing nearly as well. Allendale commodity broker Greg McBride said the bar for old sales has been set so low that anything above zero looks good at this...

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April WASDE report provides a few surprises

Typically, most reports from the USDA provide a surprise in one form or another. The April WASDE report was released on Tuesday by the USDA and in typical fashion this month?s report contained a few surprises says John Heinberg a market advisor with Total Farm...