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AFBF Applauds Enactment of Ocean Shipping Reform Act

AFBF Applauds Enactment of Ocean Shipping Reform Act

American Farm Bureau Federation President Zippy Duvall commented today on President Biden signing the Ocean Shipping Reform Act into law.

“AFBF appreciates the bipartisan work from Congress in getting the Ocean Shipping Reform Act passed and the quick action by President Biden to sign it into law.

“Record-high shipping costs and shortages of containers have created bottlenecks at our ports and worsened supply chain issues at a time of growing demand domestically and overseas. Some estimates suggest we’ve lost out on more than $25 billion in agricultural exports. Limited trade has also made it more difficult to import supplies, which ultimately costs all Americans through higher prices.

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.