WARREN AND BOOKER PRESS MEAT PACKERS ON EXPORTS TO CHINA –
Senators Elizabeth Warren and Cory Booker questioned how companies could warn of pandemic shortages while exporting record amounts of pork to China. (New York Times)
Author: Membership
U.S. HOG, CATTLE FUTURES RISE AS FROZEN MEAT STOCKS DECLINE –
U.S. cattle and hog futures firmed on Tuesday following two sessions of declines after U.S. Department of Agriculture (USDA) data showed a larger-than-anticipated decline in cold-storage stocks of pork and … Read More
SOYBEAN PRICES RALLY AS CHINA RAMPS UP BUYING –
A streak of big soybean purchases by Chinese buyers has helped make the crop profitable again for U.S. farmers. (Wall Street Journal)
IFB COVID-19 RESOURCE HIGHLIGHT:
The Small Business Administration partnered with the Illinois Department of Professional Regulation to offer a webinar with an overview of PPP for borrowers. Learn more on our COVID-19 page.
MEAT LOVERS GET BULLISH ON BEEF THAT COMES FROM OLD DAIRY COWS –
Producers such as Butter Meat Co. are challenging the American preference for tenderness over flavor. (Bloomberg)
ILLINOIS RIVER CLOSURE TO FORCE SUPPLY SHIFT FOR GULF COAST GRAIN, ETHANOL BUYERS –
Upcoming lock and dam closures along the Illinois River are set to hamper deliveries of corn, soybeans, animal feed and ethanol for export staging and consumption on the Gulf Coast. … Read More
CLIMATE AG BILL PICKS UP STEAM –
The Senate Agriculture Committee didn’t let the ongoing pandemic stop it from holding a hearing Wednesday on a new bipartisan bill to bolster carbon markets, a concept increasingly backed by … Read More
A BAILOUT FOR LOBSTER? TRUMP TO PROTECT FISHERMAN AMID TRADE WAR WITH CHINA –
In a move to protect the U.S. fishing industry, President Trump signed a memorandum to help protect lobster fishermen from so-called harmful trade practices, giving them protections similar to those … Read More
GOV. J.B. PRITZKER ANNOUNCES $50M IN STATE GRANTS FOR BROADBAND PROJECTS ACROSS ILLINOIS –
Gov. J.B. Pritzker announced $50 million in state grants for broadband projects Tuesday, which will expand internet access for thousands of businesses, homes and farms across Illinois. (Chicago Tribune)
BAYER BETS ON SCIENCE IN BID TO PREVENT FUTURE ROUNDUP LAWSUITS: LEGAL EXPERTS –
Seeking to forestall further claims, Bayer AG is taking a risky bet that an independent scientific review will ultimately show that its widely used weed killer Roundup does not cause … Read More