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Balanced Reporting. Trusted Insights.
Wednesday, May 25, 2022
Lawmakers are starting hearings on the next farm bill at a time when the historically high commodity prices mean the public may see little need to beef up programs despite input prices that are also soaring.
President Joe Biden delivers his state of the union message this week amid a world crisis that is further clouding his political agenda, while congressional appropriators face a March 11 deadline for finalizing their 2022 spending legislation five months into the fiscal year.
There are new signs of division on the Senate Agriculture Committee when it comes to climate change. The committee’s top Republican, John Boozman, told members of the National Cotton Council Thursday that funding to address climate change could come out of existing farm bill programs.
The Agriculture Department is ditching a change in commodity program subsidy eligibility rules that would have unintentionally made it harder for some members of family farming operations to qualify for payments, a top official says.
A compromise farm bill ready for final congressional votes melds a variety of Senate and House improvements to the major commodity programs, boosts spending on several major conservation programs while also creating a new $30 million a year program to fight animal diseases.
