What is today’s news? | Thursday, April 7, 2022
In today’s roundup, get caught up on the latest about E15 sales, a world food crisis, and purchasing inputs online.
Editors Bill Spiegel and Mike McGinnis write about the staying power of purchasing farm inputs online. Shopping and knowledge-based buying of farm products online are growing phenomena that experts say could change the farmer-ag retailer relationship in the future.
Successful Farming research shows that just 4% of farmers across the United States have tried online seed sales. One company aims to grow that number. It is Online Seed Sales (OLSS), a web-based platform that allows farmers to study corn and soybean seeds from several independent regional seed companies and have selected offerings shipped directly to the farm.
- READ MORE: Buy smarter online
Effects of War in Ukraine
The Biden administration is preparing to tap an emergency food aid fund because of the ripple effects of the Russian invasion of Ukraine on hunger in Africa and the Middle East, a U.S. Agency for International Development official told lawmakers on Wednesday.
Hunger and poverty could exceed the global food price crisis of 2007-08, said Sarah Charles of USAID.
“The world does not need another crisis in the current context that is already beset by extreme difficulties,” says Arif Husain, chief economist for the World Food Program.
The recovering U.S. economy, aided by wider availability of the fuel, helped boost sales of E15, gasoline that contains 15% ethanol, to a record 814 million gallons in 2021, said the Renewable Fuels Association on Wednesday.
Sales were 62% higher than the 504 million gallons sold in 2020, according to RFA estimates. The RFA and farm-group allies say the Biden administration should use its administrative powers to allow the sale of E15 year-round as a way to combat high fuel prices.
- READ MORE: Sales of E15 surge by 62%, says trade group