Jim Wiesemeyer

Jim Wiesemeyer is well known to Pro Farmer Members for his long tenure as Washington Bureau Chief for Pro Farmer. Now with agricultural consulting firm Informa Economics, formerly Sparks Companies, Inc., he is still offering his expertise and insight on farm policy, trade policy and Washington politics as a consultant to Pro Farmer. His Inside Washington Today column on AgWeb.com is a must-read item to keep up with the latest in Washington developments.

Latest Stories
Mounting conflict in the breadbasket of Europe is driving volatility in wheat markets as Russia and Ukraine account for 29% of global wheat exports.
On Monday the People’s Bank of China also announced a 0.1 percentage point cut to two of its key policy rates. It acted after GDP grew by more than 8% in 2021, but slowed down in the fourth quarter.
Senate leadership’s timeline for the BBB proposal is just before Christmas, according to Majority Leader Chuck Schumer. Centrist Sen. Joe Manchin is calling for a strategic pause for the vote, delaying it into 2022.
Union: New offer has modest modifications to offer voted down Nov. 2; Vote Wed.
Net cash farm income, which tracks producers’ cash flow, is forecast by USDA at $134.7B for 2021. That number is up $6.4B from February’s forecast and would be an increase of 21.5% from 2020’s $110.9B.
Secretary Vilsack flatly denied there is any effort by President Biden to reduce meat consumption to meet proposed cuts in greenhouse gas emissions. “Sometimes in the political world, games get played,” he said.
No funding for border wall, but lawmakers will discuss border security in weeks ahead
Pro Farmer Policy Analyst Jim Wiesemeyer give analysis for each individual ag commodity impacted by the phase 1 trade deal with China.
45Z is set to take effect on Jan. 1, 2025. While the 45Z credit has the potential to significantly boost sustainable aviation fuel production, the current lack of detailed guidance is causing some uncertainty in the industry.
The effects are already visible, with declining French barley exports to China and the U.S. struggling to sell corn for the new season.