While Election Day has passed and some legal challenges remain, barring some unforeseen event, the general consensus is that Joe Biden will likely take office on Jan. 20, 2021, as the 46th President of the United States. What that means for the food industry will depend on some significant unknowns but, based on the results of the congressional races and Biden’s stated goals and policy positions, we can begin to predict what a Biden Administration may mean for the food and agricultural sectors.
Disclaimers first: The ongoing pandemic will continue to govern the trajectory of our day-to-day lives for the foreseeable future. It also appears likely Republicans will retain control of the Senate. Thus, while Biden will certainly pursue a more progressive agenda than his predecessor, he will likely be constrained by virtue of split control in the legislature.