Farm Bill
An early look at the report shows the House Ag Committee could push for improvements to the current safety net within Title I of the farm bill and move away from relying on Congress to approve ad hoc disaster aid.
As farmers in the Plains continue to see losses from drought, groups like NSP are discussing during Commodity Classic either permanent disaster aid or other changes to strengthen the safety net within Farm Bill.
ASA CEO: Renewable Diesel Could Drive a New Era for Soybean Demand, But EPA Needs to Rethink the RFS
ASA policy priorities during Commodity Classic focus on everything from the Farm Bill to EPA’s recent Renewable Fuels Standard (RFS) proposal, while also pushing for increased market access through trade.
As drought creates a dire situation for farmers in the Southern Plains, National Sorghum Producers is not only concerned about the financial outlook for 2023, but how disaster aid payments will be dispersed for 2022.
“The prioritization of resource concerns must be left to the local level where producers decide how they can best address their unique and varied landscapes and needs,” said Sen. John Boozman.
SNAP, which historically receives the greatest amount of farm bill funding, will see an 82% increase of a quarter-trillion-dollars.
The House will take the reins in writing farm bill 2023. House Ag Chairman Thompson says the pen is “firmly” in his hand, with few tweaks to be made from 2018. The Senate says their version is nearly complete.
A Senate Ag Committee hearing Thursday on the new farm bill raised a issue that is now evident: the Title 1 farm bill safety net can no longer deal with the current ag environment.
The 2018 farm bill was stamped with a $428 billon price tag when passed. With the bill set to expire on Sept. 30, here’s a breakdown of the topics ag groups look to push on the negotiating table.
With Republicans now in control of the House, Rep. RandyFeenstra (R-Iowa) said he wants to introduce legislation shielding the stepped-up basis and like-kind exchanges.