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Balanced Reporting. Trusted Insights.
Wednesday, September 27, 2023
Farm groups have grown accustomed over the last few years to having more money to work with for promoting their products overseas, but that abundance could come to an end quickly.
Leaders of the Senate Agriculture Committee are calling on Agriculture Secretary Tom Vilsack to use his Commodity Credit Corp. spending authority for trade promotion purposes and purchases of commodities for international food aid.
Lawmakers are about to break for their August recess with just two months to go before some programs in the 2018 farm bill expire, and not even a draft of the new legislation is in sight. But the stakes for not passing a fresh farm bill on time may be lower this year than in the past.
In a period when inflation has raised the cost of everything from fertilizers to shipping, groups representing agricultural producers and processors are calling for increased funding for two proven and longstanding export programs.
House Speaker Kevin McCarthy sends a message about the political significance of ag policy, sitting through the entirety of a House Agriculture Committee farm bill listening session in California and also fielding questions from reporters on a range of issues.
The Agriculture Department's Foreign Agricultural Service (FAS) is awarding over $200 million to over 60 U.S. agricultural organizations to "help expand commercial export markets for U.S. goods," the agency said.