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Balanced Reporting. Trusted Insights.
Saturday, October 16, 2021
Democratic congressional leaders are under pressure from progressives to fund as many social programs as possible as the Build Back Better plan is pared back. House Speaker Nancy Pelosi, D-Calif., said Tuesday that discussions are continuing about what to fund.
U.S. Trade Representative Katherine Tai signaled Monday that the Biden administration is ready to begin pressing Beijing to fulfill its promises under the Phrase One agreement, but she didn’t commit to negotiating a much-desired second phase that would elicit new promises of ag commodity purchases.
Ag Secretary Tom Vilsack today will announce some new spending on climate policy and to deal with market disruptions and animal disease prevention. Vilsack is making a speech on climate issues at Colorado State University today.
Sen. Chuck Grassley, a top Republican on the Senate Finance Committee, says Democrats can’t pass a tax proposal that is raising alarms with farmers. That includes a transfer tax on inherited assets that would nullify the benefits of stepped-up basis.
As promised, Senate Democrats are going to kick off work on their massive $3.5 trillion spending and tax plan before senators leave for their August recess. On Monday Democrats released a fiscal 2022 budget resolution that is the first step in the budget reconciliation process that will be needed to enact their proposals into law.
More than 200 groups, including a wide range of environmental organizations, are calling on Democratic congressional leaders today to use their reconciliation package to significantly increase funding for conservation programs.
Higher prices for meat and other foods are helping fuel the inflation that is pinching consumers. Supermarket prices rose 0.8% in June, driven by a 2.5% increase for meat, poultry, fish, and eggs. Beef prices rose 4.5% last month.
In this opinion piece, National Pork Producers Council President Howard Roth discusses the importance of gene editing and how USDA and FDA need to support this technology and figure out how it is going to be regulated.
Kevin Hugoson discusses the importance of why Congress needs to act quickly to help hog producers receive aid from the impact of COVID-19 before it's too late.
