More Farm Bill Optimism and Candidates Trade Policies Examined
From the Ag Information Network, this is your Agribusiness Update.
**Kansas Senator Jerry Moran, a critic of Senate Ag Chair Debbie Stabenow, says he had an optimistic moment after speaking with her recently.
Moran points out that Stabenow and other Committee leaders are recognizing just how dire the economic situation is for U.S. farmers and that they can’t wait for Congress to reach an agreement on a five-year farm bill.
Along with potentially boosting commodity programs, Moran says Stabenow is trying to find ways to accelerate payments.
**Growth Energy filed a brief in the D.C. Court of Appeals in a case challenging the EPA’s Multi-Pollutant Emissions Standards for Model Years 2027 and Later vehicles.
It’s also known as the tailpipe emissions rule and applies to Light Duty and Medium Duty vehicles.
In the brief, Growth Energy noted that EPA’s rule was a missed opportunity to recognize the positive impact biofuels can have on reducing tailpipe emissions.
**Agricultural economists have examined the proposed trade policies of the two presidential candidates and one proposal being floated in Congress.
Under the three proposed trade policy scenarios, the North Dakota State University experts estimate substantial export losses for U.S. soybeans, corn, beef, and wheat.
Each scenario assumes the U.S. government imposes tariffs on goods from China and other countries, which would provoke retaliatory measures against American exports.
