Negotiations are underway in Congress on provisions in the Ukraine aid package forwarded by President Joe Biden, including provisions that would provide a temporary boost in commodity loan rates for wheat, soybeans, rice and minor oilseeds, and would provide a $10-per-acre incentive for double cropping soybeans after winter wheat in 2023. The agriculture provisions fall under the Senate Agriculture Committee’s jurisdiction, and panel Chair Debbie Stabenow (D-Mich.) said discussions between the House and Senate Democrats and Republicans were ongoing relative to the scope and content of the overall package. “It’s really the White House, the four leaders and relevant other committees trying to just get an agreement,” she said, according to CQ Roll Call.
The ag-related package is getting a thumbs down from GOP ag leaders in Congress.
