1. USDA’s $1 Billion Strategy to Combat Avian Flu
U.S. Secretary of Agriculture Brooke Rollins unveiled her five-point strategy to combat High-Path Avian Flu (HPAI), which includes expanding the Wildlife Biosecurity Assessment program and offering farmers $400 million in financial relief. The plan also explores vaccine development and the temporary import of eggs to help reduce prices. Rollins has emphasized the importance of removing burdensome regulations, such as state laws restricting animal housing. During a Senate Ag Committee hearing this week, representatives from the egg and turkey industries expressed hope for quick action, with some pushing for vaccines sooner rather than later.
2. Trump’s Tariff Plan Moves Forward
President Donald Trump has set a potential start date of April 2 for imposing tariffs on Mexico and Canada, citing concerns over fentanyl entering those countries. While many agricultural lawmakers support the move, some are cautious, warning that retaliatory tariffs on U.S. agriculture could follow. The American Farm Bureau is closely monitoring the situation, as it worries that the U.S. agricultural sector might bear the brunt of such retaliation.
3. E-15 Fuel Sales to Expand in the Midwest
Iowa and a handful of other Midwestern states will soon be able to sell E-15 fuel year-round, with implementation by April 28. The Environmental Protection Agency (EPA) has set the deadline, but Ohio and Kansas have requested a one-year delay. Ohio Governor Mike DeWine expressed concerns over the potential impact on his state’s petroleum industry. Meanwhile, two bills in Congress are pushing for permanent nationwide E-15 sales.
4. Greer Confirmed as U.S. Trade Representative
The U.S. Senate has confirmed Jamieson Greer as the new U.S. Trade Representative with a 56-43 vote. Greer previously served as chief of staff to former USTR Robert Lighthizer and was involved in implementing Section 301 tariffs on China and negotiating the USMCA.
5. Rural Mainstreet Index Hits New Low
The Rural Mainstreet Index fell to a concerning 38 in February, marking the 17th time in 18 months that it dropped below 50. The index reflects economic conditions in a ten-state region reliant on agriculture and energy. Despite recent price upticks, bankers predict a bleak outlook for grain farmers in 2025. On the other hand, livestock producers are seeing better prices, with only nine percent of bankers predicting negative cash flow for ranchers in 2025. However, farm equipment sales continue to slump, dropping for the 18th consecutive month.
