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.