Food

Tester: Food Prices ‘Are Going to Go up’

During an interview with CBS on Wednesday, Sen. Jon Tester (D-MT) predicted that food prices will increase over the summer, but as long as there aren’t weather issues, there shouldn’t be shortages. Tester stated, “Look, we’ve got our challenges out

WASHINGTON, DC - MAY 18: U.S. Sen. Jon Tester (D-MT) listens to Treasury Secretary Steven Mnuchin at a Senate Banking Committee and International Policy hearing on Capital Hill May 18, 2017 in Washington, DC. Mnuchin spoke before the committee that oversees bank regulations in his first congressional testimony since being …

Report: Ukraine War Boosts Chinese Purchases of U.S. Corn and Soybeans

China came up about $6 billion short of the $40 billion in U.S. agricultural products it agreed to purchase in the two-year trade deal it signed in January 2020 – but suddenly began making up a bit of that deficit after the Russian invasion of Ukraine, as Chinese buyers scrambled to cover potential shortfalls of Ukrainian corn.

Central Illinois farmers harvest their corn crops as the sun sets Saturday, Oct. 15, 2016, in Pawnee, Ill. The corn and soybean harvests are well underway in the Midwest and helped by excellent weather conditions. (AP Photo/Seth Perlman)