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Farm Credit System Stable and Senate Farm Bill Praised
The Agribusiness Update
The Farm Credit System remains financially sound, but rising credit risk is becoming a concern, and Ag groups praise the Senate Ag Committee’s farm bill for permanently transferring the Food for Peace program to USDA.
Wheat Futures Volatile and AM Radio in Every Vehicle Act Up for Vote
The Agribusiness Update
Wheat futures remain volatile as traders weigh continued disruptions to Black Sea grain exports, and a bill requiring AM radio in new vehicles is headed for a House vote.
Farm Bill Vote with McConnell
Washington State Farm Bureau Report
Republican Senator Mitch McConnell is expected to cast the winning farm bill vote in the Senate Ag Committee today after a three-month absence battling a fall and pneumonia.
Trump EOs Back Ranchers, COOL Needs Congress; 300K MT Beef Imports Will Come Revealed
Line on Agriculture
Executive orders aim to support ranchers but stop short of reinstating mandatory COOL. The National Farmers Union is urging Congress to act, noting a Senate Farm Bill amendment would restore COOL.
In a follow-up, the administration authorized 300,000 metric tons of lower-tariff beef imports over 90 days to ease prices. Now we know where the beef will come from.
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Three Extensions. One More Deadline.
California Ag Today
California specialty crop growers have plenty at stake as Congress takes another run at a five-year farm bill.
The Farm Bill Waiting Game
Southeast Regional Ag News
Disaster assistance, input costs and animal health are among the issues on the table for Southeast agriculture.
Senate Returns for Farm Bill Vote
Washington State Farm Bureau Report
The fate of the farm bill ahead of the midterm elections rests with the expected return next week of Senator Mitch McConnell, out for months after a fall and mild pneumonia.
House Ag Chair Seeks Extension, Beef Import Plan Seen as Political Show
Line on Agriculture
House Ag Committee Chair Glenn Thompson is seeking a waiver to serve another term, having reached the six-year term limit for GOP chairs.
President Donald Trump announced a plan to pause high tariffs on imported ground beef to aid ranchers and rebuild herds. However, AgMarket.net broker Tim Strunk views this as a political move rather than an economic solution.
Read More Cheese Names Debate and USDA Aid to American Beef Herd
The Agribusiness Update
A dispute over cheese names has become a sticking point in U.S.-Mexico trade negotiations, and USDA is rolling out a broad package of programs aimed at rebuilding America’s beef herd and strengthening the nation’s cattle industry.
Congress Returns from Recess
Washington State Farm Bureau Report
Congress returns from its August with much unfinished business and huge impacts for agriculture.
Farm Bill Likelihood
Fruit Grower Report
There are some doubts out there among lawmakers about the likelihood of getting a new Farm Bill done this year, but there’ also still some hope out there.
Boozman's Final Offer
Washington State Farm Bureau Report
Senate Ag Committee Republicans’ remaining hope to advance a farm bill is the expected return of Kentucky’s Mitch McConnell from a lengthy medical absence.
Senate committee rejects Prop 12 farm bill language, NPPC vows to keep fighting
Line on Agriculture
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The National Pork Producers Council (NPPC) is disappointed that Proposition 12, which sets housing standards for breeding sows and restricts pork sales in California, failed to advance from the Senate Agriculture Committee. The vote was 10-11 against it. NPPC is working to address this issue in the current Congress, hoping for a reconsideration when the Senate reconvenes in September
Read More Feral Swine Eradication and Klobuchar on Farm Bill
The Agribusiness Update
The USDA has $35 million for partnerships to respond to the threat of feral swine to American agriculture, and Minnesota Senator Amy Klobuchar says she’s committed to working with Senate Ag Chair John Boozman to advance a new Farm Bill.
Farm Bill Politics
Washington State Farm Bureau Report
American Farm Bureau Federation President Zippy Duvall says lawmakers must stop with the farm bill delays and deliver some certainty to rural America.
NFU on Farm Bill Failure and Beef Export Value
The Agribusiness Update
After the Senate Ag Committee failed to advance the farm bill, National Farmers Union President Rob Larew said farmers cannot afford more delay, and although volume of U.S. beef exports was down slightly in June, the value was up to $790 million.
Post Recess Farm Bill and Trade Deficit Decline
The Agribusiness Update
Senate Ag Chair John Boozman says he will reconvene committee members in September to vote again on his farm bill package, and the U.S. trade deficit declined in June but remains only slightly below levels seen before President Trump’s second term.
Election Year Politics Stalls New Farm Bill
Washington State Farm Bureau Report
Election-year politics appear to have stalled the Senate farm bill.
Support Farmers Markets and Net Income Higher
The Agribusiness Update
Ag Secretary Brooke Rollins is encouraging Americans to continue supporting local producers following National Farmers Market Week, and the Farm Credit System reports net income of $2.2 billion for the second quarter, up from $1.9 billion during the same period last year.