Farm Bill
Tara Smith, executive vice president of Torrey Advisory Group, joins the Top Producer podcast to discuss being an advocate for ag in Washington D.C., the future of the Farm Bill and the importance of crop insurance.
Rollins’ confirmation was expected, as the Senate maintains its quick pace of confirming President Trump’s key cabinet positions.
From tariffs and trade to the possible impact of President Donald Trump’s plan to cut regulations and taxes, ag economists surveyed in the latest Ag Economists’ Monthly Monitor weigh in on the main factors driving the ag economy in 2025.
The Senate kicked off quietly as the House steals the spotlight to start 2025. Senate Majority Leader John Thune (R-S.D.) plans to pass individual appropriations bills and a farm bill as well as focus on regular order and extended floor debates.
The CR includes nearly $110 billion in disaster and farmer aid, which includes $10 billion in farmer aid and $21 billion ag disaster aid. $2 billion of that disaster aid is specifically for livestock producers. The measure also includes a one-year extension of the 2018 Farm Bill.
The same week Congress released the proposed CR that included $31 billion in aid for producers, a Farm Journal poll asked farmers for their thoughts on whether Congress should pass economic aid.
The stopgap deal to avoid a government shutdown includes $10 billion in direct payments for farmers, $21 bllion in ag disaster aid, a one-year extension of the 2018 farm bill and year-round E15.
The House of Representatives released its Continuing Resolution text, which includes a one-year extension of the 2018 farm bill, $10 billion in farmer economic aid, $21 billion in ag disaster funding for 2023 and 2024 and year-round E15 sales.
A one-year extension of the 2018 farm bill, tied to the continuing resolution, has sparked intense negotiations over economic assistance to farmers.
Agricultural groups said over the weekend they do not support year-end spending package sans economic aid for ag producers.
While it’s unclear how Congress will push through the Farm Assistance and Revenue Mitigation Act, it’s likely going to be via the Continuing Resolution. Depending on how payments are calculated, farmers could receive $101 per acre for corn, $53 for soybeans and $73 for wheat.
Trump’s ability to bypass Congress through executive orders provides him with a powerful tool to reshape SNAP and other welfare programs.
Farm CPA Paul Neiffer says the Senate Farm Bill text includes some big differences compared to the House bill especially when it comes to ARC and PLC programs and modernizing reference prices.
The Rural Prosperity and Food Security Act, which builds on the proposal Stabenow released in May, includes $39 billion in new resources “to keep farmers farming, families fed and rural communities strong.”
Sen. John Thune (R-S.D.) wins Majority Leader race. Sen. Rick Scott (R-Fla.) was eliminated on the first ballot. And Thune beat Sen. John Cornyn (R-Tex.) 29-24 on the second ballot.
Which Presidential Candidate Is More Likely to Tame Inflation or Support Farm Policies and Biofuels?
Ahead of the election, the October Ag Economists’ Monthly Monitor asked economists which presidential candidate will be better for agriculture on taming inflation, providing more certainty on farm policy, as well as more likely to support biofuels policies.
The October Monthly Monitor reflects cautious optimism in certain areas of agriculture, marked by export strengths and potential price recoveries, but shadowed by long-term rebuilding challenges, weather dependencies and the impact of the upcoming election.
When ag equipment manufacturers start shedding union line workers, shuttering plants and shifting factories to Mexico, and there’s a glut of used equipment covering dealer lots, you know the tide is quickly turning.
Some long-time Washington contacts still give the odds of a farm bill this year at only 15%.
Farmers and lawmakers are focused on disaster relief, economic aid and completing the farm bill.
John Newton, former Senate Ag Committee economist and now executive head at Terrain, highlights three priorities and a timeframe for a final farm bill.
Despite lawmaker chatter this week about various high-level meetings regarding a new farm bill, the same issues remain.
Senate Ag Chair Debbie Stabenow (D-Mich.) is pushing to finalize a full five-year farm bill rather than pursue an ad hoc emergency assistance package for farmers, despite pressure from commodity groups and some lawmakers.
There is uncertainty about the Farm Bill’s progress due to potential changes in the political landscape. One thing is certain: farmers need a new Farm Bill.
FAPRI Updates Ag Baseline Projections, Painting a More Negative Picture for Soybean Prices Than USDA
In the absence of new shocks to the weather, the macroeconomy or policy, FAPRI projects prices will generally remain near current levels over the next five years.
Pennsylvania’s largest outdoor agricultural exposition sets the stage for climate-smart funding rally as farm bill talks heat up
House Ag Committee Chair GT Thompson (R-Pa.) believes the CBO’s methodology underestimates the potential savings criticized them for what he sees as a history of underestimating Commodity Credit Corporation (CCC) outlays.
This group’s story may have totally upended how business is done in our nation’s capital and in almost every industry across the entire nation, including agriculture.
As the country gets ready for the first presidential debate of the 2024 race, Tyne Morgan and Clinton Griffiths invited D.C. insider Jim Wiesemeyer on Unscripted, their new podcast, to discuss what he’s hearing.