Agri-Pulse has obtained the Senate's revised ag provisions for the Build Back Better bill. They would increase funding for conservation technical assistance by more than $2 billion and provide more modest increases for ag research.
Rostin Behnam, President Joe Biden’s pick to chair the Commodity Futures Trading Commission, says the derivatives regulator should have some input into the development of agricultural carbon markets to ensure they operate fairly.
Laura Batcha, the longtime leader of the Organic Trade Association, plans to step down in the spring of 2022, and Michael Torrey Associates has welcomed Julie McClure to its team as a director of government affairs.
We now have the details on the $28 billion plan that Democrats have developed for funding climate-smart agriculture. According to a summary circulating on Capitol Hill and obtained by Agri-Pulse, the plan features a new $5 billion program to provide direct payments to farmers who plant cover crops.
The agriculture portion of the $3.5 trillion spending package that Democrats are putting tougher is still a work in progress. In addition to $28 billion in conservation spending that still needs to be added to the legislation, there also will be some new farm debt relief.