Jim Wiesemeyer

Jim Wiesemeyer is well known to Pro Farmer Members for his long tenure as Washington Bureau Chief for Pro Farmer. Now with agricultural consulting firm Informa Economics, formerly Sparks Companies, Inc., he is still offering his expertise and insight on farm policy, trade policy and Washington politics as a consultant to Pro Farmer. His Inside Washington Today column on AgWeb.com is a must-read item to keep up with the latest in Washington developments.

Latest Stories
The 2017 Tax Act temporarily raises estate tax exemption, impacting farm estates. If it expires, large farms with gross cash income between $1M and $5M would see the largest increase, rising from 2.8% to 7.3%.
Some Republican House and Senate members have expressed their concerns to USDA Secretary Tom Vilsack, particularly regarding the new payment formula used for ERP in 2022.
Farmers are opting to tap into their savings from recent prosperous years instead of taking out loans at the highest interest rates since 2007, according to surveys conducted by regional Federal Reserve banks.
USDA has allocated more than $1.77 billion this year to agricultural producers and landowners through CRP. Since 2021, the CRP has witnessed a 21% increase in enrolled acres.
While the U.S. and EU aim to make progress during an upcoming summit, reaching a final agreement is uncertain. This issue has significant implications for U.S./EU ties, climate goals, and geopolitics.
China’s Commerce minister expressed concerns over trade and tech restrictions to U.S. Senate Majority Leader this week. That’s as the U.S. Commerce Department added 42 more Chinese companies to the export blacklist.
The attack on Israel by Hamas adds urgency to GOP efforts to elect a new House speaker. The need to focus on Israel may help get a House GOP leadership decision this week, several lawmakers said.
A Russian missile strike on Thursday hit eastern Ukraine, now considered one of the deadliest since the war started. Russia also attacked grain storage in the Odesa region, damaging a grain silo near the Danube River.
With the government funding in place for now, work on a new farm bill can continue, with the same questions (timing, funding, Title 1 reform, etc.) still being unanswered.
When the House and Senate returns on Tuesday, lawmakers will have just five days left to avoid a shutdown, which would impact several USDA services, including key reports.