According to statistics compiled by the United States Department of Agriculture, farmers faced a $15 billion spike in production expenses in 2023. Corn farmers in the United States are allegedly concerned that the electric car initiative by the Biden administration would lead to a steep decline in the market for ethanol produced from maize, a fuel for gas engines.
One week before the Republican Iowa caucuses, farmers in the Hawkeye State are talking about how the 2024 presidential election will be a turning point for the state’s economy and agriculture.
The North American Electric Reliability Corp. (NERC) has identified energy policy as a significant danger to the U.S. power grid due to the Biden administration’s green agenda. This is the first time the study has made this claim in its 55-year existence. In addition, the report highlighted the following causes as significant contributors to the risk: rising energy consumption from sources like electric cars and falling output due to coal and gas power facilities being shut down too soon.
Four Republicans in Trimble’s focus group of six Iowa farmer-constituents said they are still unsure who to choose for president. Claims of discontent with the last four years and their desire to see an elected official “other than Biden” are their main points of contention.
In the most recent FOX Business poll, among Republicans in Iowa who participated in the survey, former president Donald Trump has a 34-point advantage. Additionally, 52% of Republicans expected to participate in the GOP caucuses favor Trump, which puts him above 50% for the first time. Then we have Nikki Haley at 16% and Ron DeSantis at 18%.
The American Farm Bureau Federation president, Zippy Duvall, spoke today about President Joe Biden’s rejection of the CRA joint resolution, which would have repealed the EPA’s too-expansive Waters of the US regulation. Congress launched the CRA, a nonpartisan, bicameral initiative to prevent the defective regulation from being implemented.
In a 53-43 Senate vote and a 227-198 House vote, the resolution of disapproval of the Congressional Review Act was approved with bipartisan support.
Reducing regulatory hurdles and tariffs will open new markets, and our farmers can compete more effectively due to trade agreement negotiations. Our maize and soybean farmers and the rest of the agricultural sector are losing a chance to reap the benefits of having diverse trade partners.