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7 Feb 2025
LINCOLN, Neb. (DTN) -- As the Trump administration continues to reshape federal agencies, including the U.S. Environmental Protection Agency, a bipartisan group of 28 federal lawmakers is pressing new EPA Administrator Lee Zeldin to get the Renewable Fuel Standard back (RFS) on track. In his first week as administrator, Zeldin has been touring the ...
7 Feb 2025
LINCOLN, Neb. (DTN) -- National farm groups have asked a federal court to approve a proposed $83.5 million class action settlement with JBS, in a lawsuit that alleges the companies conspired to "fix, depress, suppress or stabilize" the price of live cattle futures and options traded on the Chicago Mercantile Exchange from 2015 to 2020. National Far...
6 Feb 2025
LINCOLN, Neb. (DTN) -- The Mexican government on Thursday repealed its ban on genetically modified corn imports from the U.S. after losing an arbitration ruling under the U.S.-Mexico-Canada Agreement, or USMCA, in December 2024. Mexico declared "ineffective" two sets of measures that the U.S. Trade Representative successfully challenged in the USMC...
6 Feb 2025
MT. JULIET, Tenn. (DTN) -- USDA forecasts climbing farm income in 2025, but it's due to a dramatic increase in government payments, not better prices or a higher volume of sales. Net farm income, which is a comprehensive measure of farm profitability, is forecast at $180.1 billion, an increase of $41 billion, or 29.5%, from 2024. Net cash farm inco...
6 Feb 2025
SAN ANTONIO (DTN) -- Country-of-origin labeling, a subject that has divided the cattle world more than anything this side of a Ford-Chevy-RAM debate, could be back in play during the current Congressional session. The American Beef Labeling Act, which would reinstate mandatory country-of-origin labeling (MCOOL) for beef, was introduced Feb. 5 by Se...