Georgia Lawmakers Support BBB and Food Spending Outpaces Food Prices
From the Ag Information Network, this is your Agribusiness Update.
**Following the passage of the “One Big Beautiful Bill,” major agricultural groups, including Farm Bureau, welcomed its passage which should benefit farmers.
Georgia Republicans Rick Allen, Buddy Carter, Andrew Clyde, Mike Collins, Marjorie Taylor Greene, Brian Jack, Barry Loudermilk, Rich McCormick and Austin Scott voted in favor of the bill.
The National Cotton Council and the U.S. Peanut Federation both pointed to the bill’s adjustments to commodity reference prices as positive moves.
www.gfb.org/news/ag-news/post/final-budget-reconciliation-bill-gives-certainty-to-farmers
**As the cost of spraying crops with pesticides gets more expensive across the European Union, farmers in countries like Greece are finding cheaper alternatives in unlabeled bottles smuggled into the country.
A dozen farmers anonymously told Reuters, the products are more effective than what they regularly use, but they’re also potentially more harmful.
Lab tests show the pesticides were banned in the EU due to risks to humans and the environment.
**USDA says per capita total U.S. food spending increased 3.2% from 2023 to 2024, outpacing the 2.3% increase in food prices during the same period, showing a stronger demand for food despite higher prices.
However, national trends in sales mask uneven growth across multiple U.S. states.
Three states, New Hampshire, West Virginia, and Kansas, showed a decrease in per capita food sales, driven by a 6.6% increase in sales at grocery stores.
