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Shining Light on Farm & Food Policy for 20 Years.
Friday, April 19, 2024
Some Republicans say the best thing Congress could do to help farmers withstand the turmoil in trade policy is to pass a new farm bill. But economists say the legislation is unlikely to offer much relief to farmers, especially soybean growers, even if commodity prices don’t recover from their current tariff-induced slump.
The Senate looks to finally name its team of farm bill negotiators this week while also finishing work on a $154 billion spending bill for a bevy of departments and agencies important to agriculture, including USDA and FDA.
A USDA savings account for rural electric and telephone cooperatives that allows them to earn substantially more interest than they could from private bankers has become a major source of potential funding for a new farm bill.
The Senate plans to name its farm bill negotiators this week, clearing the way for the talks to begin before House members scatter for the August recess.
The House took a step Wednesday toward beginning formal negotiations with the Senate over a new farm bill and overwhelmingly voted in favor of including permanent funding for USDA efforts to combat animal diseases.
The fate of the farm bill this year could hinge on whether House and Senate negotiators can find a compromise on tightening work requirements for food stamp recipients in ways that could appeal to at least some Senate Democrats.
Scott Hutchins, the global leader of integrated field sciences for Corteva Agriscience, will be nominated by President Donald Trump to be USDA’s undersecretary for research, education and economics.
The House takes a key step this week toward beginning negotiations with the Senate on a final farm bill, but the talks may not formally begin until August.
President Donald Trump has picked Indiana agriculture leader Kip Tom to be the U.S. representative in Rome to the U.N. World Food Program and the Food and Agriculture Organization.