Farms.com Home   News

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.

Click here to see more...

Trending Video

2026 USDA Acreage Fireworks Next Week? + RVO’s Old new

Video: 2026 USDA Acreage Fireworks Next Week? + RVO’s Old news


Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.