Last week, President Biden unveiled a major $2 trillion infrastructure package, the American Jobs Plan. From agriculture’s perspective, the plan is a mixed bag, but mostly positive proposals in terms of infrastructure upgrades.
Inland waterways, ports, and in-land ports of entry would receive $17 billion in funding for upgrades;
Rural broadband – and the adoption of ag tech which depends on broadband – would benefit from the $100 billion in funding for broadband connectivity;
Roads and bridges would receive $115 billion in funding for upgrades, starting with the “most economically significant large bridges in the country in need of reconstruction” and include “the worst 10,000 smaller bridg...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...