Cotton Council Applauds CCC Funds and Farm Bill Extension Likely
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**Cotton Council International applauds the USDA’s announcement to allocate $1.3 billion in Commodity Credit
Corporation funds to a new Regional Agricultural Promotion Program to help non-profit U.S. trade associations market U.S.-grown ag products abroad.
RAPP would supplement the USDA's longstanding Market Access
Program and Foreign Market Development Program.
CCI and other ag trade organizations use this funding to build, expand and maintain long-term commercial export markets for U.S. agricultural products.
**U.S. Wheat Associates and the National Association of
Wheat Growers are pleased that U.S. wheat growers now can increase global food assistance and expand export market access under new USDA funding programs announced last week.
The groups thank Ag Secretary Tom Vilsack for releasing the new funds that will directly benefit U.S. wheat farmers and their overseas customers.
**Congress will have to extend the life of the 2018 farm law into 2024 so it can finish work on its successor.
That’s according to Ag Secretary Tom Vilsack who tells www.agriculture.com most people acknowledge there will be an extension, although its duration is unclear.
Vilsack says chances of passing the farm bill this year were declining in part due to prolonged fighting over who to elect as speaker.
www.agriculture.com/farm-bill-there-will-be-an-extension-says-vilsack-8380219\
