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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, March 19, 2024
Senate Agriculture Committee Chairwoman Debbie Stabenow, D-Mich., doubled down Monday on her warning that GOP attempts to fund the farm bill through a reduction in projected spending on nutrition assistance would fracture the bipartisan, urban-rural coalition needed to pass the farm bill.
Agriculture Secretary Tom Vilsack is joining leaders of the Senate Ag Committee and some top CEOs at today’s annual Agri-Pulse Ag and Food Policy Summit in Washington. This year’s summit is focused on the future of U.S. agriculture, and new revenue possibilities in a wide range of sectors.
The House Agriculture Committee puts a focus this week on China and the potential threat it poses to U.S. agriculture, while Agriculture Secretary Tom Vilsack heads back to Capitol Hill to defend his spending priorities and policy implementation.
USDA’s undersecretary for farm production and conservation, Robert Bonnie, says the department is trying to be both “aggressive” and “smart” in getting Inflation Reduction Act funding out the door.
Lawmakers are going to be leaving a lot of money on the table – nearly $1.8 billion – if they can’t agree on putting Inflation Reduction Act conservation funding into a new farm bill.
USDA is struggling to manage sugar supplies amid soaring domestic and international prices and a drought that continues to devastate Mexican growers, slashing the amount they can export to U.S. food and candy manufacturers.
Supermarket prices were broadly steady in February as lower costs for dairy products, fruits, pork and chicken offset increases for beef, eggs, sugar and other products.
President Joe Biden’s budget request for fiscal 2025 proposes new loan flexibilities for farmers and makes another stab at getting Congress to make permanent a $5-an-acre subsidy for cover crops while also boosting ag research and other climate-related spending.