Cargill has agreed to pay $32.5 million to settle a class action lawsuit that accuses the meatpacking giant of conspiring with other companies to artificially raise the price of turkeys. The deal was filed in the Northern Illinois U.S. District Court and still needs to be approved by the court. The lawsuit accused Cargill and…… MORE
Category Archives: Agriculture News
Ten Percent Tariff Coming on Chinese Imports
President Donald Trump is taking aim at China and the European Union with tariff threats. That’s after putting Canada and Mexico in the bullseye on day one. Bloomberg says that White House officials are discussing a ten percent tariff on China, based on the fact they’re sending fentanyl to the U.S. through Mexico and Canada.…… MORE
The Ag Center Commodity Report for Dairy & Beef Markets Tuesday, January 21
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Trump Names USDA Undersecretary Nominees
President Donald Trump has a list of undersecretary nominees for the U.S. Department of Agriculture. Via social media, Trump announced that he will nominate Richard Fordyce as Agriculture undersecretary for farm production and conservation; Dudley Hoskins as undersecretary for marketing and regulatory programs; Luke Lindberg as undersecretary for trade and foreign agricultural affairs; and Michael…… MORE
Ag Groups Write Senators Backing USDA Secretary Nominee Rollins
427 national and state agricultural groups and agribusinesses recently sent a letter to leaders of the U.S. Senate Agriculture Committee supporting Brooke Rollins’ nomination as Agriculture Secretary. The letter also calls on the committee and entire Senate to “promptly confirm” her for the Cabinet post. The Senate Agriculture Committee has set Rollins confirmation hearing for…… MORE
John Deere Expands Self-Repair Options
John Deere says it’s aiming at a long-standing issue that has been a major source of contention with equipment owners: the right to self-repair their equipment. In a release, the company says it’s made a “significant step forward in supporting the customers’ ability to maintain and repair their machines across the agricultural and construction industries.”…… MORE
Right to Repair Farm Equipment Lawsuit
Farm Action reacted to the Federal Trade Commission’s lawsuit against John Deere over the right to repair. The Commission alleges John Deere is illegally driving up costs by forcing farmers to repair their equipment at authorized dealers. Farm Action’s Chief Strategy Officer Joe Maxwell says they applaud the FTC for taking this bold action to…… MORE
The Ag Center Commodity Report Thursday, January 16
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Foreign Ownership of U.S. Ag Land Increases
The latest report on foreign ownership of U.S. ag land shows that 45.85 million acres of U.S. farmland were held by foreign investors in 2023. That represents 3.61% of total privately-held agricultural land in the U.S. This marks a 1.58-million-acre, or 3.6% increase from 2022 and a five-million-acre rise since the American Farm Bureau’s last…… MORE
The Ag Center Commodity Report on Dairy & Beef Markets for Tuesday, January 14
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