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Balanced Reporting. Trusted Insights.
Sunday, August 14, 2022
The Agriculture Department would get $560 million more for rural broadband expansion, plus increases for research, food aid and combating animal and plant diseases, under a draft House spending bill for fiscal 2023.
The Bureau of Reclamation is working on new steps to prevent further depletion of drought-stricken Colorado River reservoirs that are critical for agriculture and cities but shrinking to levels that can’t sustain hydropower.
The House is set today to clear the Senate-passed Ocean Shipping Reform Act, which empowers the Federal Maritime Commission to take steps to clear port bottlenecks and reduce shipping rates.
The Biden administration will work with the United Farm Workers to develop a $65 million program broadly aimed at ensuring farms implement “robust health and safety standards” for employees and preventing unfair recruitment practices for H-2A workers.
Inflation remains at center stage during this election year, and congressional Democrats are preparing to move a series of bills they say will help target the issue.
Supermarket prices shot up a seasonally adjusted 1.4% in May, led by soaring costs for dairy products, and have risen 11.9% over the past 12 months, according to the latest Consumer Price Index.
Farm input costs are likely to remain at elevated levels well after commodity prices come off their historic highs, and farm bill programs could provide only limited help, economists warned lawmakers Thursday.
