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☆ These are the key agriculture stocks to watch heading into the election — and how to play them
▼ + stars: | 2024-10-27 | by ( Sean Conlon | ) www.cnbc.com time to read: +7 min

And for the first time since 2020, more farmers expect farmland values to go down rather than up. James Mintert, director of Purdue University's Center for Commercial Agriculture, expects land values to likely flatten in the short term. Higher estate tax exemptions approved under the Trump administration's Tax Cuts and Jobs Act of 2017 are set to expire next year. She added: "Let's be clear that the Trump administration resulted in a trade deficit, one of the highest we've ever seen in the history of America." "It also benefits from some of the tax policies that have been supported by the Trump administration [in] the past, including things like accelerated depreciation [and] lower corporate tax rates."

Persons: Farmer, —, James Mintert, Mintert, Donald Trump, Kamala Harris, Michael Langemeier, They're, Langemeier, that's, Kristen Owen, Oppenheimer, That's, Owen, Harris, Trump, Stocks, Owen doesn't, reshoring, Cerity, Jim Lebenthal Organizations: Purdue University, CME, Purdue University's Center, Commercial Agriculture, CNBC, NBC, Purdue, Trump, Biden, Republican, Deere, Caterpillar, Farmers, Management, Democratic, Republicans Locations: U.S, Mexico, China, Green

LAHAINA, Hawaii (AP) — For people around the world, the green leaves that sprouted from a scorched, 150-year-old banyan tree in the heart of devastated Lahaina symbolized hope following Maui’s deadly wildfire this summer. Before colonialism, commercial agriculture and tourism, thousands of breadfruit trees dotted Lahaina; the fire charred all but two of the dozen or so that remained. By contrast, researchers believe breadfruit and kukui nut — now the state tree of Hawaii — were among the many edible plants Polynesian voyagers brought around 1,000 years ago. Efforts to revive the banyan and other important surviving trees have included trucking in water, applying compost extract and testing soil. But replanting breadfruit in urban areas comes with challenges, said Steve Nimz, an arborist on Oahu who has been helping restore Lahaina’s trees.

Persons: landscapers, ”, Noa Kekuewa Lincoln, King Kamehameha, ulu, ” Kekona, Lahaina’s, replanting, Steve Nimz, “, Hokuao Pellegrino, ” Pellegrino, replant, Pellegrino, he's, reintegrating breadfruit, ___ Komenda Organizations: University of Hawaii, Development Locations: LAHAINA, Hawaii, Lahaina, ulu, Maui, Manoa, U.S, India, Lele, Hilo, Lincoln, Oahu, Waikapu, West Maui, “, Tacoma , Washington

The fallout is a rare chink in Lopez Obrador's formidable popularity, steadily above 60% throughout his term. The pricing issue is urgent as northern corn farmers are harvesting now, many with nowhere to sell without taking a loss. It is not the first time that tensions have heated up between this administration and the agriculture sector. Valdez estimated that commercial agriculture producers represent about 10 million votes. Farmers argue Lopez Obrador's government has eliminated important sector benefits, including loans at beneficial interest rates, which his administration says too often fell into arrears.

Persons: Edgard Garrido, Andres Manuel Lopez, Lopez, Lopez Obrador's, Bosco, la Vega, Lopez Obrador, Claudia Sheinbaum, Marcelo Ebrard, Adan Augusto, Baltazar Valdez, Valdez, Raul Urteaga, Urteaga, spokespeople, Luz Maria Mendoza, Cassandra Garrison, Stephen Eisenhammer, Nick Zieminski Organizations: REUTERS, MEXICO CITY, U.S, Regeneration, Producers, Chicago Board of Trade, CNA, Farmers, North American Free Trade, United Farm Workers, Valdez, Global Agrotrade Advisors, Agriculture, Finance Ministry, FIRA, Thomson Locations: La Constitucion Totoltepec, Toluca , Mexico, MEXICO, Sinaloa, United States, U.S, Chihuahua, Mexico, Canada

☆ Brazil's Lula cuts losses after setbacks on environment and Indigenous front
▼ + stars: | 2023-05-31 | by ( Maria Carolina Marcello | ) www.reuters.com time to read: +3 min

On Wednesday, the minority Lula government faces another key vote in the chamber that will reduce the powers of the ministries of the environment and of Indigenous affairs. Lula called an emergency cabinet meeting to discuss the dilemma, and called the speaker of the lower house, Arthur Lira, whom he plans to meet as well, to ensure the measure passes. INDIGENOUS ENVIRONMENTAL SETBACKThe law passed on Tuesday would set a cut-off date for recognizing Indigenous land claims, establishing that they had to be occupied before Brazil's current Constitution was enacted in 1988. Brazil's 1 million Indigenous peoples are guaranteed by the Constitution the right to live on ancestral lands. After the bill passed, the minister of Indigenous peoples, Sonia Guajajara, said that the deputies who backed it would be "responsible for approving a bill that explicitly attacks the lives of Indigenous peoples in Brazil."

Persons: Luiz Inacio Lula da Silva, Lula, Arthur Lira, Jair Bolsonaro, Bolsonaro, Sonia Guajajara, Lisandra Paraguassu, Ricardo Brito, Maria Carolina Marcello, Anthony Boadle, Matthew Lewis Organizations: Lawmakers, Liberal Party, Thomson Locations: BRASILIA, Congress, Sao Paulo, Brazil's, Brazil, Brasilia

The approval, by 283 votes to 155, comes after Indigenous groups blocked a highway and burned tires to protest the measures earlier on Tuesday. Outside Sao Paulo, Brazil's largest city, demonstrators blocked a major motorway with flaming tires and used bows and arrows to confront police, who dispersed them with tear gas. Indigenous groups from across the country planned a week of protests outside Congress in the capital Brasilia. Lula legally recognized six Indigenous territories last month. Reporting by Anthony Boadle in Brasilia and Leonardo Benassatto in Sao Paulo; Editing by Brad Haynes, Cynthia Osterman and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

Persons: Bill, Marco, Amanda Perobelli, Jair Bolsonaro, Luiz Inacio Lula da Silva, Bolsonaro, Lula, Anthony Boadle, Leonardo Benassatto, Brad Haynes, Cynthia Osterman Organizations: SAO PAULO, REUTERS, Supreme, Sao Paulo, Thomson Locations: BRASILIA, SAO, Sao Paulo, Brazil's, Brasilia, Guarani, Brazil, Sao, Lincoln

☆ Brazil's Lula resumes creation of Indigenous reservations halted by Bolsonaro
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ueslei Marcelino/File PhotoBRASILIA, April 27 (Reuters) - Brazil's President Luiz Inacio Lula da Silva announced the formal recognition of six Indigenous reservations on Friday, fulfilling a campaign promise to reverse the policy of his far-right predecessor Jair Bolsonaro. Lula made the announcement as part of the annual meeting in Brasilia of representatives of Brazil's one million Indigenous people. The Free Land Camp is a five-day event featuring music, dance and food in tents erected on the grass esplanade of the capital. Indigenous leaders called on the president to speed up the recognition of some 300 Indigenous territories that have been mapped out but have waited for years to be formally recognized. With no state protection, Indigenous communities are in danger of invasions by illegal loggers and wildcat gold miners that surged under Bolsonaro.

☆ Lula’s promise to create a ministry of Indigenous affairs in doubt
▼ + stars: | 2022-12-06 | by ( ) www.nbcnews.com time to read: +3 min

BRASILIA — Brazil’s Indigenous leaders were disappointed on Monday after President-elect Luiz Inacio Lula da Silva appeared to backtrack on a promise to create a ministry of Indigenous affairs to help restore rights and protections that were undermined by the current government. Lula said on Friday he might instead decide on a special department linked to the presidential office rather than a fully-fledged ministry, which disappointed Indigenous leaders who were taken by surprise by his comments. The ministry was important for the historical recognition of Brazil’s 900,000 indigenous people and reparation for their mistreatment and loss of land rights, she told Reuters. Lula drew loud applause at the COP27 climate talks in Egypt last month when he told delegates he explicitly promised an Indigenous ministry to ensure “dignified survival, security, peace and sustainability” for some 300 Indigenous tribes that still exist in Brazil. But Indigenous leaders said a ministry was needed to support their communities with the power to mobilize other ministries, and even the police and security forces to protect them.

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