Agri-Pulse DriveTime Podcast

A proposed spending bill introduced today does not include legislation that would allow sales of 15% ethanol blended gasoline. The National Corn Growers Association says every percent increase in ethanol blends equals 490 million bushels in demand for corn. 

Following a framework plan announced by Democrat legislators yesterday, Senate Republican leaders today discussed their own framework plan to bring additional assistance for farmers and specialty crop farmers. The Supreme Court today agreed to hear Bayer's challenge to Roundup litigation. 

House Ag Democrats today introduced the Farm and Family Relief Act. The framework plan would provide $28 billion dollars for relief to families and $29 billion dollars for farmers. The proposal would delay cost changes in food aid for low-income Americans and end President Trump's across-the-board tariffs.

The Energy Information Administration reports record daily ethanol production and increased stocks. Geoff Cooper with the Renewable Fuels Association says Congress is feeling pressure to act on E-15 legislation to help increase corn demand. 

Stories of financial challenges echoed from farmers across the country this week at the American Farm Bureau Federation 107th meeting in California. Losses threaten a younger generation of farmers and rural communities if the imbalance of costs and returns continues across the nation. 

The American agriculture economic crisis continues to claim family farms in the face of high input costs, low commodity prices and limited global exports. The USDA reports higher stocks of crops globally and domestically providing more pressure on farm revenue.