Agribusiness Update for Thursday 5/2/13

Agribusiness Update for Thursday 5/2/13

This is the Agribusiness Update...I’m Greg Martin...

Senators from both sides of the aisle have sent a letter to the Acting U.S. Trade Representative and Acting Secretary of Commerce to ask that they review and consider a World Trade Organization challenge to the European Union’s controversial and unprecedented anti-dumping duty recently imposed on U.S. ethanol producers. Industry leaders believe the WTO will nullify the anti-dumping duty on exports of ethanol from the U.S.

A coalition of conservation groups has released a document of principles for the new farm bill. They say the Conservation Title programs, funding and authorities have never been more important than they are today. They cite the great benefits to farmers and ecological integrity of voluntary conservation programs and conservation compliance provisions over the last 25 years - but says there is still work to do.

The recently introduced Beginning Farmer and Rancher Opportunity Act aims to improve financing and land ownership opportunities for beginning farmers and ranchers. It would improve on existing USDA programs and include a program for training beginning farmers and ranchers.

That’s today’s Agribusiness Update from the Ag Information Network. 

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