Florida Farm Bill Listening Session and Inflation in Ag Continues

Florida Farm Bill Listening Session and Inflation in Ag Continues

Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**House Ag Committee Chair, Glenn "GT" Thompson will host a Farm Bill listening session today in Newberry, Florida.

The Pennsylvania Republican will be joined by Florida Rep. Kat Cammack and a bipartisan group of House Ag Committee members.

The event brings together farmers, ranchers, producers, agribusiness owners, and more to solicit public feedback.

The session takes place at the University of Florida’s Institute of Food and Ag Sciences at 2 O’clock.

**The Farm Credit Administration recently received a quarterly update on economic issues affecting agriculture as well as an update on the performance of the Farm Credit System through 2022.

Inflation continues to be a core economic issue driven, in part, by a tight labor market and rising production costs and consumer demand.

Tight global grain stocks, declining cattle inventory, and disruptions to specialty crop production continued to

support prices.

**Wall Street rules intended for publicly-traded companies shouldn’t extend to family farms, according to the American Farm Bureau and six other ag groups.

This after the Securities and Exchange Commission proposed a rule to require public companies to report on Scope 3 emissions.

The farm groups’ concern is that the rule will burden family farmers and ranchers and drive further consolidation in agriculture, all for no real environmental benefit.

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