Controversial trade deal draws heavy lobbying from U.S. agribusiness

A new trade deal aimed at cutting thousands of taxes and opening markets with 11 Pacific Rim nations has drawn heavy lobbying from some of America’s largest agribusinesses.

The deal – known as the Trans-Pacific Partnership – was reached in early October. It is designed to ease the flow of goods between partner nations by lowering restrictive trade policies and regulations.

Ag Secretary Vilsack announces major USDA biofuel investment

U.S. Secretary of Agriculture Tom Vilsack announced on Thursday that his department will award nearly two dozen states with millions of dollars to build the gas pumps and other infrastructure needed to supply American drivers with more renewable fuel.

Former U.S. rep recruits farmers for corn lawsuit

Nearly a year after China re-opened its doors to imported U.S. corn, one former U.S. representative is recruiting Illinois farmers into a mass-action lawsuit as plaintiffs.

Thousands of farmers – along with major agribusinesses Archer Daniels Midland and Cargill – are suing the Swiss chemical company Syngenta for selling a genetically modified strain of corn in the United States before its approval by China.

Flag in front of soybean acres

Federal money woes bring attention to crop insurance

The average yearly amount of taxpayer money funding the highly subsidized federal crop insurance program has more than doubled in just over a decade.

From 2003 through 2007, the government spent an average of $3.4 billion per year on crop insurance, according to U.S. Department of Agriculture data.