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Balanced Reporting. Trusted Insights.
Wednesday, February 24, 2021
The House Agriculture Committee will debate a $16 billion stimulus measure that includes a substantial down payment on Democrats’ promise to address racial justice issues. The committee’s draft bill, which will be part of a broader $1.9 trillion stimulus package, would provide sweeping debt relief to minority farmers on USDA loans.
The Senate Agriculture Committee is expanding its membership with three new Democrats, who could give the committee a push to the left on some issues, including climate policy.
Cuba could be buying a lot more poultry, corn, dairy and other ag commodities produced in the U.S., but first the U.S. needs to reverse course and begin strengthening ties with the island nation. That is the message from some of the largest American farm groups to the incoming Biden administration.
The action may scare some potential investors away from doing new business with Cuban buyers, but it won’t have a direct impact on U.S. agricultural exports to the island nation.
President-elect Joe Biden promised on the campaign trail to reverse the Trump administration’s policy of breaking ties with Cuba, and that has U.S. farm groups once again hoping their farmers will benefit with increased trade.
A longtime analyst of U.S.-Cuba relations says Joe Biden would have a harder time reversing course with Havana on trade policy due in part to the Cuban regime’s support for the Venezuelan government.
A bipartisan farm bill that would protect crop insurance and commodity programs as well as nutrition assistance from cuts passed the Senate by an overwhelming margin, 86-11, clearing the way for negotiations to begin next month with the House.
WASHINGTON, June 16, 2017 – New measures unveiled today by the Trump administration to restrict U.S. travel and trade with Cuba met with strong opposition from U.S. farm groups hoping to increase agricultural exports to the island nation.