Ag News: Lawsuits on Trump’s E15
**More lawsuits are being threatened against the President's announcement to allow the sale of E15 year-round.
According to agweb.com, the oil industry is now saying it will sue the Trump administration if it follows through with its plans. The American Petroleum Institute says it thinks E-15 year-round is against the law. Currently, sales of E15 are limited to 8 months out of the year.
The move still needs EPA approval.
**Consolidation of farms and more cows per farm in the U.S. has been going on for decades, but the trend toward fewer, bigger farms is now fundamentally changing market dynamics.
CoBank senior dairy economist Ben Laine says smaller dairy operations are finding it nearly impossible to compete against larger counterparts, so they’re forced to either leave the business or find higher value niche markets.
Laine tells milkbusiness.com the consolidation effect is self-perpetuating and larger dairies are best positioned to keep producing milk during price downturns.
**Trade tariffs are being felt by U.S. companies in southern China.
A Reuters report says more than 70% of U.S. firms are considering delaying further investment in China and moving some or all of their manufacturing to other countries, but few plan to establish in North America.
Agweb.com reports, about 85% of U.S. companies say they’ve suffered from the combined tariffs while some report increased competition from rivals in Vietnam, Germany and Japan.